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

Started by riky, March 24, 2009, 09:02:57 PM

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riky

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

 



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.


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