U.S.Treasury Secretary Timothy Geithner has been in talks with AIG Chief Executive Edward Liddy to limit the millions of dollars worth of bonuses promised to employees, including some who worked in the financial product unit responsible for bringing the company to the brink of collapse.

VOA: standard.2009.03.15

The scandal cost Bankers Trust much of its reputation and brought in a new chief executive, Frank Newman, a former deputy secretary of the American Treasury.

ECONOMIST: The battle of the bulge bracket

"His game plan seems to be sensible, " says director Robert Rubin, the former Treasury Secretary and chairman of Citigroup's executive committee.

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