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House Grills Geithner on AIG

Treasury Secretary defends big bailout as necessary

By Kevin Spak, Newser Staff

Posted Jan 27, 2010 10:39 AM CST

(Newser) – Timothy Geithner defended the AIG bailout he helped engineer today, in testimony before a House Oversight Committee that was out for blood. “In effect, the taxpayers were propping up the hollow shell of AIG,” declared chairman Edolphus Towns, “and the rest of... Read full story »

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House Grills Geithner on AIG

Treasury Secretary defends big bailout as necessary

AIG • bailout • House Committee on Oversight and Government Reform • Darrell Issa • Wall Street bailout • Timothy Geithner • Edolphus Towns

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More Newser Stories

Fed Duo Sounded Alarm Over AIG 'Gifts' to Banks

Geithner, Paulson face grilling over 'backdoor bailouts' for AIG clients

Geithner Will Testify on Secretive Bailout Deals

House committee wants answers on his role on AIG contracts

NY Fed Told AIG to Hide Payouts

Details of 'backdoor bailout' hushed up

AIG Bailout Squandered Our Money, Trust

Geithner & Co. were afraid to ask Wall Street for concessions

Geithner: We'll Deduct AIG Bonuses From Next Bailout

Insurer will be forced to return $165 million, treasury boss says in letter

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