Tuesday, January 12, 2010

Issa Says Someone Must Be Held Accountable for AIG

Bloomberg reports:
Darrell Issa, the lawmaker looking into the Federal Reserve Bank of New York’s efforts to limit American International Group Inc. disclosures during the credit crisis, said the government must hold someone responsible.

“Who do we hold accountable for these lost billions, and what’s wrong with the system that the New York Fed can hand out your tax dollars in these quantities and not think it’s particularly important to make sure it’s the right amount,” Issa, a California Republican, said today in an interview on Bloomberg Television. “I think the American people deserve somebody’s head on a platter.”