Wednesday
May132009
Liddy: AIG Has Paid "Several Billions" Of Taxpayer Money Already
Staff
By Kayleigh Harvey - Talk Radio News Service
Edward Liddy, Chairman and CEO of AIG appeared before the House Oversight and Government Reform Committee today. Congresswoman Marcy Kaptur (D-Ohio) asked, “Have you paid the taxpayers back any of the money they have lent you to date?”
Liddy responded, “Yes.”
Kaptur: “How much?”
Liddy: “Several billion dollars”
Kaptur: “Several Billion?”
Liddy: “Yes”
Kaptur asked for a list of dates, sums to be submitted for the record. Liddy agreed.
Kaptur then questioned Liddy about his connections with Goldman Sachs which revealed that Mr. Liddy has shares to the market value of $3 million from Golden Sachs.
Listen
Edward Liddy, Chairman and CEO of AIG appeared before the House Oversight and Government Reform Committee today. Congresswoman Marcy Kaptur (D-Ohio) asked, “Have you paid the taxpayers back any of the money they have lent you to date?”
Liddy responded, “Yes.”
Kaptur: “How much?”
Liddy: “Several billion dollars”
Kaptur: “Several Billion?”
Liddy: “Yes”
Kaptur asked for a list of dates, sums to be submitted for the record. Liddy agreed.
Kaptur then questioned Liddy about his connections with Goldman Sachs which revealed that Mr. Liddy has shares to the market value of $3 million from Golden Sachs.
Listen
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