Watchdog Blames Geithner For AIG Bonuses

by Scott Horsley, NPR

A government watchdog said Wednesday Treasury Secretary Timothy Geithner dropped the ball on the massive bonuses at insurance giant AIG. Neil Barofsky, the special inspector general for the $700 billion financial bailout, told a House panel that "a failure of management" led to the bonuses at the firm that received billions in federal bailout money.

Broadcast Dates

• All Things Considered, October 14, 2009