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Paulson Can't Sack AIG Execs

By Lev Weinstein, Newser Staff

Posted Oct 10, 2008 6:58 PM CDT

(Newser) – Barack Obama is probably far from alone in wanting the heads of AIG execs who staged a $440,000 employee spa retreat just after the government's bailout of the company. The question is, does Treasury Secretary Henry Paulson have the authority to can the wayward... Read full story »

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Henry Paulson • recession • AIG • Treasury Department • bailout • Treasury secretary • financial crisis • financial meltdown

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Paulson Can't Sack AIG Execs

Henry Paulson • recession • AIG • Treasury Department • bailout • Treasury secretary • financial crisis • financial meltdown

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More Newser Stories

Feds Under Pressure to Broaden Bailout

Treasury already needs to ask Congress for next $350B installment

US May Buy Equity in More Firms

After seeing some thawing in key credit markets, Treasury may expand program

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Nation needs explanation of how it will help

Paulson's Power Would Be Unprecedented

Some checks from Congress, but Treasury will hold the keys

Hank and Ben: Time to Play Offense

Treasury and Fed need to start playing offense, says Leonhardt

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