Rescue of AIG is shrouded in secrecy, lawmakers say

05/14/2009 | Wall Street Journal, The

U.S. lawmakers criticized executives at American International Group and the AIG Trust, which comprises three trustees who oversee the government's majority stake in the insurer, for secrecy regarding the government rescue. Rep. Edolphus Towns, D-N.Y., said the trustees' role is not clear, while Rep. Darrell Issa, R.-Calif., called the AIG Trust "an unconstitutional and unaccountable entity."

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