Wednesday
Mar182009
AIG Chairman Testifies To House Financial Services Committee
Staff
By Kayleigh Harvey - Talk Radio News Service
Edward Liddy, Chairman and Chief Executive Officer for American International Group was given unlimited time to deliver his opening statement to the House Financial Services Committee Subcommittee hearing on "American International Group's Impact on the Global Economy: Before, During and After Federal Intervention."
“We have heard the American people loudly and clearly these last few days…We have asked those who received bonuses in excess of $100,000 to return at least half of those payments…some have offered to pay back 100 per cent of those payments,” Liddy added.
Listen
Edward Liddy, Chairman and Chief Executive Officer for American International Group was given unlimited time to deliver his opening statement to the House Financial Services Committee Subcommittee hearing on "American International Group's Impact on the Global Economy: Before, During and After Federal Intervention."
“We have heard the American people loudly and clearly these last few days…We have asked those who received bonuses in excess of $100,000 to return at least half of those payments…some have offered to pay back 100 per cent of those payments,” Liddy added.
Listen
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