Senator Chris Dodd (D-Conn.) on Monday night floated the idea of taxing American International Group (AIG: 0.924, 0.1439, 18.45%) bonus recipients so the government could recoup some or all of the $450 million the company is paying to employees in its financial products unit. Within hours, the idea spread to both houses of Congress, with lawmakers proposing an AIG bonus tax.
Amid AIG Furor, Dodd Tries to Undo Bonus Protections He Put In Legislation
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