Kenneth Feinberg, the Obama Administration compensation czar, would not answer questions today after widespread reports that American International Group will pay millions in bonuses next week.
Mr. Feinberg said by e-mail that he was sorry but he would have no comment concerning articles reporting that the company had spoken to him concerning the bonuses.
The payments of bonuses by the debt-ridden company, which has been propped up by $180 billion in government loans and credits, has been a hot-button issue since March when it was revealed then that it was paying $165 million in retention bonuses to executives at the financial products unit that brought it to the brink of failure.
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