Time for pedicures at AIG?

(04:14) Rough Cut

Oct. 7 - House Committee on Oversight and Government Reform holds a hearing investigating what led to the taxpayer-funded bailout of insurance giant AIG.

Rep. Elijah Cummings (D-MD) questioned witnesses regarding expenses incurred by AIG at a hotel that hosted a company conference after the government bailout that totaled up to $85 billion. Cummings cited charges totaling nearly half a million dollars, including thousands spent at the hotel salon and spa.SPEAKERS:

  • Elijah Cummings (D-MD), U.S. House Oversight and Government Reform Committee
  • Lynn Turner, Former SEC Chief Accountant, 1998-2001
  • Eric Dinallo, NY State Insurance Superintendent

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