Daily Archives: March 17, 2009

John Gapper

I have one initial thought about the uproar over the bonuses at AIG, although I plan to offer some more in my column this week.

The US Congress is now so angry about the $165m in retention payments to employees in AIG’s financial products group that it wants to impose a tax to recoup the money, or perhaps 90 per cent of it, from anyone who gets such a bonus. Read more