UM: AIG

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The Wall Street Journal reports that the unit of AIG receiving controversial bonuses is coming under scrutiny by the IRS for tax deals it structured. The article quotes Reuven S. Avi-Yonah, a former corporate tax attorney and director of the UM law school’s international tax program: ”If people are going to get taxpayer money, then there definitely should be a measure of corporate social responsibility, to put it bluntly.” [Source]