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Uploaded on Mar 26, 2009
Congressman Grayson and Secretary of the Treasury Tim Geithner discuss the AIG and Frannie/Freddie situations. Grayson's questions are organized around the theme of what kinds of proscriptive rules need to be in place to preventing further taxpayer bailouts of the financial sector. Geithner largely focuses on the need for capital requirements, liquidity requirements, and risk management applied and enforced by a competent authority.