Two key senators Tuesday announced a plan to impose a hefty tax on retention bonuses paid to executives of companies that received federal bailout money or in which the United States has an equity.
American International Group Inc. (NYSE: AIG) shares are down after the insurer reported its third-quarter financial results. Shares were down 0.40% to $$.56,
AIG was again hamstrung in part by accounting charges related to its restructuring as it seeks to repay its taxpayer-financed bailout.
AIG is 80 percent-owned by the US government and #remains confident in its core operations#
AIG was again hamstrung in part by accounting charges related to its restructuring as it seeks to repay its taxpayer-financed bailout.
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