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AIG: Here we go again!
American International Group [AIG] is paying out another round of whopping bonuses to execs. Not surprisingly, the move has led to anger on Capitol Hill, at street level here in the US and I'm sure wherever you are now. American International Group is lavishing up to $100 million in bonuses to executives in the firm's financial products division - yes - that's the outfit that nearly brought the giant insurer to the brink of collapse at the height of the financial crisis in 2008. (Hey! Nice work if you can get it). This latest round of payouts comes almost a year after bonuses worth $168 million went to the same department. Al Jazeera Blogs: The Investment bank Goldman Sachs is facing a storm of criticism over reports its chief executive could pocket a bonus of up to $100m.