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Treasury rules could address AIG bonuses: White House

WASHINGTON
Mon Mar 16, 2009 5:10pm EDT

WASHINGTON (Reuters) - The U.S. Treasury could impose rules on a new $30 billion loan facility for AIG to ensure taxpayers "can be made whole" after the insurance giant used government bailout funds to pay huge bonuses, the White House said on Monday.

"Treasury has instruments that can address the excessive retention bonuses," spokesman Robert Gibbs said when asked whether the government could hold back on AIG's access to an additional $30 billion loan facility. He declined to specify what the government might do.


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