US says AIG should cut retention incentives
China Daily | Updated: 2009-10-15 07:55
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Treasury official Kenneth Feinberg has not specified the amount by which AIG's retention payments should be reduced. Bloomberg News |
WASHINGTON: The US Treasury Department is pushing American International Group to cut big pay incentives it claims were needed to keep staff, but which have stoked a controversy over pay at taxpayer-supported firms.
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