House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises held a hearing to fully examine the American International Group (AIG), how it got into its current situation, why it has received so much federal assistance, and how to move forward.
Heard testimony from Mr. Scott Polakoff, Acting Director, Office of Thrift Supervision, The Honorable Joel Ario, Insurance Commissioner, Pennsylvania Insurance Department, on behalf of the National Association of Insurance Commissioners, Ms. Orice M. Williams, Director, Financial Markets and Community Investment, Government Accountability Office, Mr. Rodney Clark, Managing Director, Insurance Ratings, Standard & Poor’s, and Mr. Edward M. Liddy, Chairman and Chief Executive Officer, American International Group
