#Treasury reserves

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What happens when Uncle Sam wants his money back?
March 20, 2009 5 min. read

Question: What happens when an 80% shareholder of a company decides that the $165 million in bonuses contracted to employees prior to the purchase of shares are an abuse of the over $170 billion given in taxpayer bailout? Answer: American International Group CEO, Edward Liddy, asks bonus recipients who received $100,000 or more to return […]

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