TARP's Barofsky Says Treasury Didn't Monitor AIG Bonuses
- 00:01:45
- Bloomberg
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TARP's Barofsky Says Treasury Didn't Monitor AIG Bonuses
The Treasury Department failed to monitor bonuses American International Group Inc. paid to executives before committing to pump another $30 billion into the insurer, the U.S. Troubled Asset Relief Program's special inspector Neil Barofsky testified to a House Oversight and Government Reform Committee today. Bloomberg's Lizzie O'Leary reports. (Source: Bloomberg)
Bloomberg | October 14, 2009
