Geithner on AIG and Dodd
Here are some interesting excerpts from Treasury Secretary Timothy Geithner’s interview with CNN’s Ali Velshi today. The interview will air tonight on CNN’s “The Situation Room” at 5 P.M. and will be re-aired throughout the evening.
Geithner begins by steadfastly defending that he only learned of the AIG bonuses last Tuesday. He also said that he takes “full responsibility” for the situation.
But check out the exchange below on the provision that allowed the bonuses to be paid out.
VELSHI: Let
VELSHI: But inadvertently might somebody at Treasury have told Senator
Dodd to do something that has now resulted in these payments not being
able to
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