AIG Execs Receive a Flogging from Congress

By Lagan Sebert, American News Project
Posted on October 8, 2008, Printed on December 25, 2009
http://www.alternet.org/bloggers/http://newsproject.org/102181/

In the wake of the $700 billion bailout, the public is finally getting a look at the faces behind the financial crisis. On October 7, the Committee on Oversight and Government Reform grilled former AIG CEOs Robert Willumstad and Martin Sullivan. During the five-hour hearing the executives tried to dodge blame as congress members harshly criticized their management of AIG and questioned their compensation.

© 2009 American News Project All rights reserved.
View this story online at: http://www.alternet.org/bloggers/http://newsproject.org/102181/