Freddoso: Lose $165 Million, Gain an Issue

by Benjamin Domenech on 1:39 am March 18, 2009

Last week, in an obscure subcommittee hearing, a senior Treasury official professed ignorance when asked by Rep. Elijah Cummings (D, Md.) about $165 million that AIG paid in employee retention bonuses as it was raking in billions in TARP funds from Uncle Sam. The story had not yet made the rounds on the news.

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