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Geithner wants powers to wind down firms like AIG (Reuters)

Started by riky, March 24, 2009, 04:02:11 PM

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riky

Geithner wants powers to wind down firms like AIG
    (Reuters)

 


Reuters - U.S. Treasury Secretary Timothy Geithner told an angry Congress on Tuesday that he needs authority to step in to shut down troubled institutions like American International Group to avoid future government bailouts.


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