U.S. Sen. Tom Udall tells AIG 'give the bonuses back'- or else!
By: TNMI's Matthew Reichbach
03/18/2009

Tom Udall and a group of fellow U.S. senators has sent a letter to embattled AIG CEO Edward Liddy.

Udall, in a statement, said the letter sent a message to Liddy: “Give the bonuses back, or we’ll find a way to take them back.”

So tell us how you really feel, senator.

Udall, a New Mexico Democrat, added, “It’s beyond outrageous for AIG executives to receive ‘performance-based awards’ when it was American taxpayers who prevented them from going bankrupt. Our message is simple. If AIG executives refuse to do the right thing and surrender their taxpayer-funded bonuses, we will find a way to get them back.”

Meanwhile, U.S. Rep. Martin Heinrich, D-Albuquerque, has said he was “outraged” at the bonuses. U.S. Rep. Ben Ray Lujan, D-Santa Fe, said he was “extremely disappointed” at the bonuses. And U.S. Rep. Harry Teague, D-Hobbs, also expressed his displeasure at the bonuses.

The hundreds of millions of dollars in bonuses came after AIG was given billions of dollars by the federal government in a bailout last year.