Republican Senator Jon Kyl on Thursday blocked to an initial attempt by Senate Democrats to pass a bill aimed at recouping some $165 million in bonuses paid to American International Group Inc (AIG.N) executives. Senate Majority Leader Harry Reid asked senators to agree by unanimous consent to approve a Senate version to recoup the bonuses, but Kyl objected saying more time was needed to review the legislation which was introduced earlier on Thursday.
Sunday, March 22, 2009
US senator blocks first try to pass AIG bonus bill
US senator blocks first try to pass AIG bonus bill; Reuters