AIG Gives Staff Deadline On Bonus Payback Decision

AIG Gives Staff Deadline On Bonus Payback Decision

Management at American International Group's financial products unit asked its employees to let the unit know by 5 p.m. on Monday if they plan to return all or part of the bonuses they got under an employee retention program, said the Wall Street Journal, citing a person familiar with the matter.

The request comes amid tight corporate security for AIG, which has received more than $170 billion in taxpayer money. The insurer urged staff to take measures "to increase their overall safety and security" due to "a growing sense of public attention fueled by increased media scrutiny."

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