Geithner says new financial regulations needed to stop 'another AIG'
(BESTWIRE) - A new systemic risk regulatory regime is needed to prevent the next American International Group-style meltdown, US Treasury Secretary Tim Geithner told the House Financial Services committee.
"We will ask for broader authority to deal with future AIGs," Geithner said under questioning from representatives.
Testifying at a hearing called to address federal oversight of AIG in the wake of its
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