AIG probe widens to include Paulson, Friedman

From: The Washington Times | January 16, 2010 

WASHINGTON (AP) -- A House committee is broadening its probe of secretive bank bailouts to include former Treasury Secretary Henry Paulson and former Federal Reserve Bank of New York Chairman Stephen Friedman. The Committee on Oversight and Government Reform has invited Paulson and Friedman to testify about their roles in the bailout of American International Group Inc., according to Chairman Edolphus Towns, D-N.Y. Lawmakers want to know more about deals that funneled billions from AIG to banks including Goldman Sachs Group Inc. Friedman is a Goldman director who resigned from the New York Fed after concerns he had conflicts of ...

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Filed Under The Wire


AIG probe widens to include Paulson, Friedman

From: The Washington Times | January 16, 2010 

WASHINGTON (AP) -- A House committee is broadening its probe of secretive bank bailouts to include former Treasury Secretary Henry Paulson and former Federal Reserve Bank of New York Chairman Stephen Friedman. The Committee on Oversight and Government Reform has invited Paulson and Friedman to testify about their roles in the bailout of American International Group Inc., according to Chairman Edolphus Towns, D-N.Y. Lawmakers want to know more about deals that funneled billions from AIG to banks including Goldman Sachs Group Inc. Friedman is a Goldman director who resigned from the New York Fed after concerns he had conflicts of ...

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Read More >>



Filed Under The Wire



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