AIG names recipients of its bailout money
(CNN) -- Troubled insurance giant AIG, already under fire for intending to pay out $165 million in bonuses and compensation, succumbed Sunday to congressional pressure, identifying banks that received chunks of the company's billions in federal bailout funds last year.
AIG says it "recognizes the importance of upholding a high degree of transparency" relating to bailout money.
AIG, a recipient of at least $170 billion in federal bailout money , got an $85 billion loan from the Federal Reserve.
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