Testimony of AIG Trustees, Part 2

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Uploaded by on Sep 13, 2009

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.

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