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Loan Modification

: Mortgage Lender Implode-o-Meter

Geithner says bank fee can recoup AIG bonuses

By Implode-Explode Heavy Industries

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"American International Group Inc (AIG.N) on Wednesday was expected to pay about $100 million in bonuses to employees of its Financial Products unit, which was responsible for making bad bets on credit default swaps that brought the insurance giant to the brink of collapse."

Full post as published by Mortgage Lender Implode-o-Meter on February 04, 2010 (boomark / email).

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