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Reuters: Geithner wants powers to wind down firms like AIG

Started by chris, March 24, 2009, 07:59:11 PM

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chris

Geithner wants powers to wind down firms like AIG
      
   
      


WASHINGTON (Reuters) - The top two U.S. financial officials told lawmakers angry over bonus payments to AIG executives that the government needs authority to shut down troubled institutions like the giant insurer to avoid future bailouts.<div class="feedflare">
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