20 mars 2009, 0h00
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American International Group’s chief executive Edward Liddy has a new boss – the American taxpayer. However tough it may be, he must answer to the company’s new de facto owners. He was grilled in the US Congress on Wednesday over $165m in bonuses the company just paid out, having promised them a year ago to retain employees. These payments have rightly outraged the public -perhaps putting future bailout funds at risk. Though Liddy wasn’t at helm of the company when these bonus contracts were co...
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