Business Update: Bernanke "angry"

(01:38) Report

Mar. 3 - Federal Reserve chairman Ben Bernanke told lawmakers the rescue of troubled insurance giant American International Group was "uncomfortable" but absolutely necessary.

Bernanke's explanation of why the rescue of AIG is important to the global financial system did little to soothe concerns about Washington's efforts to end the crisis. Conway Gittens reports from New York.SOUNDBITE: Ben Bernanke, chairman, U.S. Federal Reserve

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