Members of Congress reacted to payment of bonuses to employees of American International Group after the firm took U.S. bailout money by disclosing plans to introduce legislation that would claw back the bonuses through punitive taxes.
At the same time, New York Attorney General Andrew Cuomo said AIG paid bonuses of $1 million or more to 73 employees, including 11 who no longer work for the company.
He disclosed the data in a letter to Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee.
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