Huffpost Politics

House Subpoenas Fed Over AIG; Fed Repays Taxpayers $46 Billion

Posted: Updated:

In dual developments that underscored the complex reality of stressful financial times, the Federal Reserve said Tuesday that it returned to taxpayers a record $46 billion in profit from its rescue of the financial system, while a congressional committee announced that it had subpoenaed controversial bailout documents from the central bank.

Read the whole story at McClatchy

Around the Web

House Panel Subpoenas New York Fed on A.I.G. - DealBook Blog ...

NY Fed to be subpoenaed over AIG bailout - U.S. business- msnbc.com

New York Fed Faces House Subpoena Over AIG Bailout (Update2 ...

Subpoena would probe Geithner's AIG decisions - Business Breaking ...