AIG Under Troubled Asset Relief Program, Panel 1

Witnesses testified on the $133 billion American International Group (AIG) received under TARP (Troubled Asset Relief Program). Panel Chair… read more

Witnesses testified on the $133 billion American International Group (AIG) received under TARP (Troubled Asset Relief Program). Panel Chair Elizabeth Warren in her opening statement called AIG a “corporate Frankenstein” and said the “costs of their mistakes should have been borne by AIG and its partners” and not the American taxpayers. Federal Reserve General Counsel Scott Alvarez said he has no expectations that AIG would need additional funds from the Federal Reserve and that AIG is on a “path of sustainability.” close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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  • Alvarez, Scott General Counsel Federal Reserve
  • Baxter, Thomas Executive Vice President and General Counsel Federal Reserve Bank of New York
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AIG Under Troubled Asset Relief Program, Panel 1

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Program ID:
293738-1
Category:
Public Affairs Event
Format:
Public Hearing
Location:
Washington, District of Columbia, United States
First Aired:
May 26, 2010
Last Aired:
Jun 3, 2010

Airing Details

  • May 26, 2010 | 1:35pm EDT | C-SPAN 1
  • May 26, 2010 | 11:27pm EDT | C-SPAN 2
  • May 28, 2010 | 12:14pm EDT | C-SPAN 2
  • Jun 01, 2010 | 4:02pm EDT | C-SPAN 3
  • Jun 03, 2010 | 10:41am EDT | C-SPAN 2
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