By Kayleigh Harvey - Talk Radio News Service
Edward Liddy, Chairman and CEO of AIG appeared before the House Oversight and Government Reform Committee today. Appearing frustrated and angry at Liddy’s responses throughout the hearing, Congressman Dennis Kucinich (D-Ohio), told Liddy that AIG’s behavior was “unacceptable.” Adding, “You cheated people who saved lives, who save our children, what are you going to do about this?”
Liddy said he would work with Congress and offered to meet with Kucinich after the hearing.
Kucinich told Liddy that until this matter is resolved “Congress is not going to let you go,” shouting that this was “unacceptable” behavior. He told Liddy that Congress “will keep calling you back here,” until this issue was concluded.
Kucinich agreed to meet with Liddy following the hearing.
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Al Franken,
Liddy: AIG Has Paid "Several Billions" Of Taxpayer Money Already
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.
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