Reid Wants AIG Money Back

Gety/istockphoto/photo illustration

Senate leader says he plans to get the company to pay back at least some of the $165 million in bonuses after getting billions in bailout money.

Dems threaten to tax the bonuses at up to 91% through narrowly written legislation if AIG doesn’t return the money voluntarily.

Reid promises action in the next 24 hours, says Senate Finance Committee Chair Baucus will issue the proposal.

Related Topics: News, The Page

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