The chief of failed insurance conglomerate AIG acknowledged Wednesday to skeptical congressional interrogators that the company's multibillion bonuses to employees were "distasteful" to many Americans including himself and that "I share that anger." Lawmakers from both parties expressed fury over the company's behavior.
"Mistakes were made at AIG on a scale few could have every imagined possible," Edward Liddy, chairman and chief executive officer of the American International Group Inc., said in prepared testimony.
But, he told a House Financial Services subcommittee, the $165 million in bonuses paid out over the weekend should be …
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