AIG CEO: Mistakes ‘few could have imagined possible’
Edward Liddy, AIG
Taxpayers should know that the government’s assistance to AIG has had a beneficial effect. The assistance has provided stability to the company and to the entire financial system.
Taxpayers should also know that AIG has a plan to return money to the government, and we are making progress. We have transferred to the government securities or equity interests that have real value and prospects for future appreciation
I doubt this will stem the outrage.