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AIG Top Employees Agree to Return Big Bonuses

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Fifteen of 20 top employees who received some of the biggest bonuses from American International Group (AIG) have agreed to return them back in full, which is more than 30 million dollars, New York Attorney General Andrew Cuomo said on Monday.

Cuomo said that he hopes to get more money back for American people, referring to the US$165 million bonus paid by the giant insurer on March 15, which caused an uproar because the group just received some US$170 billion in government bailout money.

So far AIG employees have agreed to return about US$50 million in total.

"I applaud the employees who are returning the bonuses," Cuomo said during a conference call with reporters, "I think they are being responsive to the American people."

(Xinhua News Agency March 24, 2009)