Summary
WASHINGTON - Working furiously to respond to public outrage over Wall Street excesses, the House passed a bill that seeks to recoup the lion's share of the $165 million in bonuses paid to executives of American International Group.
But lawmakers were having a difficult time keeping pace with news that promised more headaches for Congress and the administration of President Barack Obama. On Thursday came the disclosure that 13 financial companies that received federal bailout money owe more than $220 million in unpaid taxes.See the full content of this document
Extract
House Moves to Recoup Aig Bonuses
And reports surfaced that beleaguered mortgage giant Fannie Mae was set to pay millions in retention bonuses - the very sort of payouts that has fueled condemnation of AIG all this...
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