| Part Of House Oversight and Government Reform Committee

AIG Collapse and Federal Rescue

Hank Greenberg, who retired as chairman and chief executive officer of American International Group (AIG) in 2005, testified about the history of the… read more

Hank Greenberg, who retired as chairman and chief executive officer of American International Group (AIG) in 2005, testified about the history of the company and what led to the need for federal financial assistance. In his remarks he blamed the executives who replaced him for the company’s collapse, refusing to accept any responsibility despite coming under fire from lawmakers on his role in fostering the firm’s financial products division. Topics included the credit default swap program, the failure of internal controls, and needed reforms to the financial system.

This portion of the hearing contains opening statements and beginning questioning of Mr. Greenberg. Questioning continues on 285045-101. close

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AIG Collapse and Federal Rescue

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Program ID:
285045-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Apr 02, 2009 | 10:00am EDT | C-SPAN 3
Last Aired:
Apr 05, 2009 | 12:04pm EDT | C-SPAN 1

Airing Details

  • Apr 02, 2009 | 10:00am EDT | C-SPAN 3
  • Apr 02, 2009 | 7:55pm EDT | C-SPAN 3
  • Apr 03, 2009 | 12:42am EDT | C-SPAN 2
  • Apr 03, 2009 | 3:32pm EDT | C-SPAN 1
  • Apr 05, 2009 | 12:04pm EDT | C-SPAN 1
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AIG Collapse and Federal Rescue

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