Fed, Treasury chief to get grilled on AIG

Discussion in 'World Events' started by NewsBot, Mar 24, 2009.

  1. NewsBot

    NewsBot Guest

    WASHINGTON (AP) -- The Federal Reserve's chairman and the secretary of the treasury are making a rare joint appearance at a congressional hearing, ostensibly to take a scolding over the handling of bonuses at AIG, the giant insurance company that has become the symbol of reckless risk-taking on Wall Street....

    By JEANNINE AVERSA

    Read the full story.
     
  2. Old Salt

    Old Salt Big Time BS

    Instead of enacting new legislation, couldn't they use existing anti-trust laws to dismantle?
     

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