After Finance Minister Lenihan threatens to withdraw state support, Allied Irish Bank (AIB)...

|About: Allied Irish Banks, P.L.... (AIBYY)|By:, SA News Editor

After Finance Minister Lenihan threatens to withdraw state support, Allied Irish Bank (AIB) elects not to pay executive bonuses from 2008. AIB, owing its existence to $4.6B and counting of taxpayer funds, claimed just last week it was legally required to pay those bonuses. Tim Geithner, phone home.