AIG Cannot Prevent Congress Seeing How Taxpayer Money Is Spent
By Kayleigh Harvey – Talk Radio News Service
Edward Liddy, Chairman and CEO of AIG appeared before the House Oversight and Government Reform Committee today. Chairman of the Committee Edolphus Towns (D-N.Y.) talked about AIG’s new project, Project Destiny, which aims to help the financially troubled company get back on track, with Liddy. Asking for more details on the plan, Liddy told Towns he was unable to provide it as it contained “commercially sensitive” information.
Towns asked Liddy, “Do you honestly believe you have a right to prevent Congress from reviewing how the taxpayers money is being spent?”
May 13, 2009
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