March 17 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd pledged to recover $165 million in bonuses from American International Group Inc. executives and called for the creation of a stronger federal insurance regulator.
“The American people are outraged, and I am as well,” Dodd, a Connecticut Democrat, said during a hearing today in Washington. “One way or another, we’re going to figure out a way to get these resources back.”
“The American people are outraged, and I am as well,” Dodd, a Connecticut Democrat, said during a hearing today in Washington. “One way or another, we’re going to figure out a way to get these resources back.”
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