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AIG staff resist bonus payback

Some executives at AIG have yet to give up part of their controversial retention bonuses amid uncertainty about future compensation at the US insurance group. A report due on Wednesday from Neil Barofsky, special inspector-general for the government’s $700bn TARP scheme, found that staff were resisting pressure to return part of the $168m retention payments – made after AIG received more than $180bn of US bailout money last year – until plans were confirmed.

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