NU Online News Service, Jan. 26, 3:06 p.m. EST
A new report by a federal-watchdog agency questions whether the U.S. government will be able to recover over the short term—if ever—the investment it has made in American International Group.
The report by the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) was also highly critical of AIG's compensation policies, and the agency suggests that even after AIG exits the government-aid programs, that its regulators should keep a close eye on its compensation policies.
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