GAO: Treasury should take a harder line with AIG
Tuesday, March 31st, 2009
WASHINGTON (AP) -- The Treasury Department should deny American International Group Inc. a $30 billion "contingency" bailout till the company agrees to take back millions in bonuses and negotiate cheaper exits from its financial contracts, congressional auditors said Tuesday. The Government Accountability Office record likewise erect that payouts from the $700 billion financial system bailout within a little ...