Germany and France reaped benefits of AIG rescue, TARP panel says

08/12/2010 | Bloomberg

The Congressional Oversight Panel said France and Germany benefited from the U.S. government's aid to American International Group despite not taking on any financial risk. "France and Germany were among the greatest beneficiaries of AIG's rescue, yet the U.S. government bore the entire $70 billion risk of the AIG capital injection program," according to a report from the panel, set up to monitor the Troubled Asset Relief Program.

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