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Damaging Capitol Hill Hearings on AIG - BusinessWeek
The House of Representative’s Committee on Oversight and Government Reform is in the midst of its hearing on the decline of American International Group . The picture emerging is one of a far-too independent Financial Products group ( AIGFP ), home ...

Execs' posh retreat after bailout angers lawmakers - Seattle Post Intelligencer
Former CEO of AIG Martin Sullivan, center, waits to testify later today before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe the role of insurance giant AIG in the ...

Solidifi Completes Additional Financing - Forbes
Solidifi Inc., a leading provider of collateral valuation and risk management services, has announced that it has completed an additional round of financing, including a new growth equity investment from Altus Group Income Fund. ("Altus"). The funds ...

Insurance giant AIG's role in market crisis probed - Kansas City Star
Rep. Dennis Kucinich, D-Ohio, holds up the Wall Street Journal as he questions former CEO's of AIG Robert Willumstad and Martin Sullivan before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008 ...

Fed says it will buy massive amounts of short-term debt; Bernanke ... - Chicago Tribune
WASHINGTON (AP) _ The Federal Reserve moved swiftly to break through a credit clog that is imperiling the economy, saying Tuesday it would buy massive amounts of short-term debt and hinting that it may cut interest rates. Fed Chairman Ben Bernanke ...

Lehman Bros. chief executive faces lawmakers - Los Angeles Times
Lehman Bros. CEO Richard Fuld testifies about the investment bank’s collapse during a hearing before the House Oversight and Government Reform Committee. Rep. Henry Waxman grills Richard Fuld about compensation he received as the 158-year-old ...

The right blames the credit crisis on poor minority homeowners. This ... - Slate
We've now entered a new stage of the financial crisis: the ritual assigning of blame. It began in earnest with Monday's congressional roasting of Lehman Bros. CEO Richard Fuld and continued on Tuesday with Capitol Hill solons delving into the failure ...

Fed minutes show policymakers saw balanced risks - San Diego Union-Tribune
WASHINGTON – Even in the midst of a severe meltdown on Wall Street, Federal Reserve officials at their September meeting believed the risks from weaker growth and higher inflation were roughly equal. The Fed officials discussed the financial ...

Congress scolds former AIG executives over crisis - Quad-Cities Times
Former CEO of AIG Martin Sullivan, center, waits to testify later today before the House Oversight and Government Reform Committee on Capitol Hill in Washington, Tuesday, Oct. 7, 2008, as lawmakers probe the role of insurance giant AIG in the ...

A new, more powerful Fed emerges in crisis - MSNBC
WASHINGTON - Dusting off Depression-era emergency powers, the Federal Reserve is extending its reach over the economy as never before, pushing the limits of its authority, if not exceeding them. Now the nation's central bank is even becoming a source ...

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