AIG: Political Outrage and Financial Stability

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On Capitol Hill today, it was all about AIG. We hear about millions in executive bonuses, billions in bad debt and proposals for new regulatory authority. Also, moderate Democrats in the Senate are getting organized to restrain what they call “liberals” in Congress and the Obama White House. 


Banner image: Edward Liddy, chairman and CEO of the American International Group participates in a House Financial Services Committee hearing on Capitol Hill. Photo: Chip Somodevilla/Getty Images