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Entries in House Committee on Oversight and Reform (4)

Thursday
Apr022009

Forty imaginary dollars from one real dollar.

Coffee Brown, University of New Mexico, Talk Radio News

Rep. Peter Welch (D-Vt.) and Maurice R. Greenberg, former Chairman and CEO of American International Group discuss regulating financial leverage, which went as high as "30 to 40 to one" within AIG.

00:32
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Thursday
Apr022009

"Can't we just leave the toxic assets where they are?"

Coffee Brown, University of New Mexico, Talk Radio News

Rep. Carolyn Maloney (D-N.Y.) asks Maurice R. Greenberg, former Chairman and CEO of American International Group, whether we could just leave the toxic assets where they are until they mature into their claimed value.

00:30
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Thursday
Apr022009

Maloney: "nothing would have happened?"

Coffee Brown, University of New Mexico, Talk Radio News

Rep. Carolyn Maloney (D-N.Y.) asks whether bailout was necessary, or preferable to bankruptcy.

Maurice R. Greenberg, fprmer Chairman and CEO of American International Group doesn't think so.

02:35
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Thursday
Apr022009

Cummings: "It's never coming back."

Coffee Brown, University of New Mexico, Talk Radio News

Rep. Elijah Cummings (D-Md.) tells Maurice R. Greenberg, former Chairman and CEO of American International Group, "I have constituents as old as you ... they're going back to work."

00:43
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