CNN

This was automatically added from CNN.

Edward Liddy, chief executive of bailed out insurer American International Group, will tell Congress Wednesday that he found the company's controversial bonuses "distasteful," but necessary because of legal obligations and competition, according to a written copy of his testimony.div class="feedflare"a href="http://rss.cnn.com/~ff/rss/cnn_allpolitics?a=42d3z1P6gio:ULRr-p6DInQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/rss/cnn_allpolitics?d=yIl2AUoC8zA" border="0"/img/a a href="http://rss.cnn.com/~ff/rss/cnn_allpolitics?a=42d3z1P6gio:ULRr-p6DInQ:7Q72WNTAKBA"img src="http://feeds2.feedburner.com/~ff/rss/cnn_allpolitics?d=7Q72WNTAKBA" border="0"/img/a a href="http://rss.cnn.com/~ff/rss/cnn_allpolitics?a=42d3z1P6gio:ULRr-p6DInQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/rss/cnn_allpolitics?i=42d3z1P6gio:ULRr-p6DInQ:V_sGLiPBpWU" border="0"/img/a a href="http://rss.cnn.com/~ff/rss/cnn_allpolitics?a=42d3z1P6gio:ULRr-p6DInQ:qj6IDK7rITs"img src="http://feeds2.feedburner.com/~ff/rss/cnn_allpolitics?d=qj6IDK7rITs" border="0"/img/a a href="http://rss.cnn.com/~ff/rss/cnn_allpolitics?a=42d3z1P6gio:ULRr-p6DInQ:gIN9vFwOqvQ"img src="http://feeds2.feedburner.com/~ff/rss/cnn_allpolitics?i=42d3z1P6gio:ULRr-p6DInQ:gIN9vFwOqvQ" border="0"/img/a/divimg src="http://feeds2.feedburner.com/~r/rss/cnn_allpolitics/~4/42d3z1P6gio" height="1" width="1"/

Read the full article on CNN here: