Testimony of AIG Trustees, Part 11

Marcy Kaptur asks relevant questions. Who are these people? How do they see the world? Who are their friends? What does it mean to act on behalf of the American people? Which American people do they know?

The New York Federal Reserve Bank selected three individuals to administer the Government's eighty-percent share in AIG. It would be an understatement to say the Bank chose insiders: Jill Considine manages a hundred-billion-dollar hedge fund and was a former CEO of the Depository Trust & Clearing Corporation; Chester Feldberg was a former CEO of Barclays America and the former manager of the New York Fed's discount window; Douglas Foshee is the former COO and CFO of Halliburton.

Question: Do you trust your "trustees"? I don't.

Category:

News & Politics

Tags:

• Marcy Kaptur
• Douglas Foshee
• Jill Considine
• Chester Feldberg
• Federal Reserve
• AIG