AIG Collapse and Rescue, Liddy Testimony

American International Group (AIG) executives testified about the use of public bailout funds by the company and previous claims that all or most… read more

American International Group (AIG) executives testified about the use of public bailout funds by the company and previous claims that all or most of the funds would be returned to the government. Among the issues addressed were the levels of transparency for company operations, the pace of restructuring, and the role of the government-appointed oversight board.

In his testimony Mr. Liddy acknowledged that the credit-default products at the root of AIG’s problems should be formally regulated, most likely by the federal government. He said they should be placed on an exchange and should be standardized in order to increase transparency. close

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AIG Collapse and Rescue, Liddy Testimony

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Program ID:
286309-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
May 13, 2009 | 7:30pm EDT | C-SPAN 3
Last Aired:
May 28, 2009 | 1:27pm EDT | C-SPAN 3

Airing Details

  • May 13, 2009 | 7:30pm EDT | C-SPAN 3
  • May 13, 2009 | 8:34pm EDT | C-SPAN 2
  • May 14, 2009 | 1:28am EDT | C-SPAN 1
  • May 14, 2009 | 5:31am EDT | C-SPAN 2
  • May 15, 2009 | 2:54pm EDT | C-SPAN 1
  • May 17, 2009 | 3:44pm EDT | C-SPAN 1
  • May 20, 2009 | 11:58pm EDT | C-SPAN 3
  • May 21, 2009 | 5:58am EDT | C-SPAN 3
  • May 28, 2009 | 1:27pm EDT | C-SPAN 3
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AIG Collapse and Rescue, Liddy Testimony

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