NU Online News Service, March 25, 9:49 a.m. EST
Connecticut State Attorney General Richard Blumenthal yesterday announced that Federal Reserve Chairman Ben Bernanke was wrong when he said Connecticut law prevented him from attempting to recoup American International Group bonus monies.
Mr. Bernanke, in testimony before the House Financial Services Committee, said he had asked that bonus payments to employees of the AIG Financial Products unit that brought the company to near financial ruin be stopped.
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