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Reuters: Geithner wants powers to wind down firms like AIG

Started by chris, March 24, 2009, 03:59:13 PM

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chris

Geithner wants powers to wind down firms like AIG
      
   
      


WASHINGTON (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.<div class="feedflare">
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