But legal hurdles loom for pre-bailout deals
(NEWSER) - Pay czar Kenneth Feinberg is making another run at AIG’s bonus payouts—or trying to, with the help of a little arm twisting. Feinberg doesn’t have authority over the$198 million in bonuses promised to employees at the infamous trading unit because the contracts were created before the bailout. So instead, he’s threatening to slash the pay of other AIG executives, which he does control, if they don’t claw back the bonuses, the New York Times reports. More»
