Misuse Of Bailout Money, Ben Bernanke | featured news

(Image from article: "'Angry' Fed Chief Blasts AIG")

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Misuse Of Bailout Mone... Topics

Fed's Bernanke wanted to block AIG bonus payments

Federal Reserve Chairman Ben Bernanke told Congress today he wanted to sue to stop insurance giant AIG from paying millions in bonuses, but was talked out of it.

'Angry' Fed Chief Blasts AIG

Bernanke accuses company of exploiting gaps in the system, says government 'had no choice' on bailout.

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