PhillyDeals: Feds, not states, dropped ball on AIG

Treasury Secretary Timothy Geithner said this week that American International Group Inc., the insurance giant the government has kept afloat with taxpayer-funded loans, guarantees, and investments, was "a huge, complex, global insurance company" tied to an investment apparatus "that was allowed to build up without any adult supervision."

Copyright PHILY - Philly.com
Contact Us