March 23, 2009 7:10 PM

Top AIG bonus recipients give it back

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Nine of the top 10 AIG bonus recipients have agreed to return the payments in full, New York’s top legal officer said on Monday.

 

Attorney General Andrew Cuomo, in a conference call with reporters, said that $30 million of $165 million in bonuses paid on March 15 has been returned, according to reports.

 

Out the top 20 recipients, 15 have returned the bonuses, he said.

 

He eventually hopes to receive $80 million in bonus payments, he said.

 

He said he would not be releasing the names of the bonus recipients.

 

Last week, AIG handed over the names of all 400 bonus recipients. At the time, Cuomo said he would be sensitive to safety concerns about releasing the names.

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