by withahip » Wed Mar 18, 2009 7:55 pm
In Connecticut, Republican legislators are trying to change the state law that AIG is citing, saying that the company is legally bound to pay the bonuses. The Connecticut state law says that if a company withholds payments that are due to employees, then those employees can file a civil lawsuit and win twice as much money. As such, AIG says that it could be forced to pay $330 million in bonuses double the original amount of $165 million.