AIG Seeks Blessing for Bonuses: Report

American International Group(AIG Quote) is asking the federal government to weigh in on whether it should pay next week retention bonuses it previously agreed to make, reports say.

The bonuses would include $235 million pending for employees at the embattled insurance giant's controversial financial products unit, the Wall Street Journal reports, citing people familiar with the matter.

AIG has pressed the Obama administration's new compensation czar to bless the payments in hopes of shielding itself from renewed public outrage, according to the Washington Post. ...