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U.S. Treasury to Deduct $165M From AIG Bailout to Account for Bonuses
(CEP News) - The next bail out payment due from the U.S. Government to troubled insurance giant AIG will exclude the amount that was paid by the company to employees in new bonuses.
Economic News

Federal plan includes premium reductions, second chance for enrollment.
'? If you've been laid off any time since August 2008 but opted to keep your former employer's health insurance, the federal stimulus package might help you foot the bill for that coverage, at least ...
Topix.net

Colorado Fails To Qualify For Extended Unemployment Benefits
Despite an average of a 6 percent unemployment rate, Colorado did not qualify for 13 weeks of extended unemployment insurance benefits.
The Denver Channel

Obama seeks greater rein on financial institutions - SFGate: Top Stories
President Barack Obama said Wednesday no one in his administration created the mess at insurance giant AIG, including the much-maligned executive bonuses, but that "the buck stops with me" to fix it. Standing on the White House lawn as he prepared to go to... ...
NewsRack

Bonus dispute threatens toxic asset plan
Economists fear that the dispute over bonuses at AIG, the crippled insurance company kept alive by taxpayer funds, could complicate the roll-out of a Treasury plan to team up with private investors to buy toxic assets in the banking system
FT

Business Highlights - Boston Globe: Technology
Talking tougher by the hour, livid Democrats confronted beleaguered insurance giant AIG with an ultimatum Tuesday: Give back $165 million in post-bailout bonuses or watch Congress tax it away with emergency legislation.
NewsRack

Grassley calls suicide talk as
US Senator Charles Grassley wants AIG executives to apologize for the collapse of the insurance giant — but said on Tuesday that "obviously" he didn't really mean that they should kill themselves.
India Gazette

Eleven AIG executives quit despite bonuses up to $4.6 million$
The stricken insurance giant AIG was hit by fresh controversy today when it was revealed that eleven executives being paid bonuses of a million dollars or more to stay have quit the company.
Times online

FDIC Extends Deadlines for Government-Guaranteed Debt Program
The Federal Deposit Insurance Corporation extended a program that allows bank holding companies to issue government-backed debt on Tuesday. The FDIC extended the deadlines to issue debt and for the debt to expire by six months each for the Temporary Liquidity...(read more)
Mortgage News Daily

HealthPlan Services: HealthPlan Services to Feature Its Business-Enhancing Outsourcing Solutions for Agents, Carriers at Benefits Selling Expo
TAMPA, FL (MARKET WIRE) HealthPlan Services, the nation's largest independent provider of outsourcing solutions for fully insured products in the insurance industry, will showcase its consultative approach to sales support and plan administration at the 2009 Benefits Selling Expo, taking place April 1-3 in Austin, Texas.
Market Wire

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