AIG planning to pay out millions in bonuses

Saturday, March 14, 2009 | 9:34 p.m. CDT; updated 9:51 p.m. CDT, Saturday, March 14, 2009

WASHINGTON — Insurance giant American International Group will award hundreds of millions of dollars in employee bonuses and retention pay despite a confrontation Wednesday between the firm's chief executive and Treasury Secretary Timothy Geithner.

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