Tuesday, January 26, 2010

AIG bail-out investigations launched

The US bail-out watchdog has announced it is launching two investigations into the government's rescue of insurer AIG.

Neil Barofsky, special investigator general for the US's Troubled Asset Relief Program (Tarp), questioned the government's role in the bail-out.

He is appearing before a House Committee looking into the AIG bail-out in 2008 on Wednesday.

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