Tuesday, October 07, 2008
Corporate Accountability
Corporate Accountability
Committee Holds Hearing on the Causes and Effects of the AIG Bailout
The Committee held a hearing to examine the regulatory mistakes and financial excesses that led to government bailout of AIG. The hearing was held at 10:00 a.m. on October 7, 2008, in Rayburn House Office Building room 2154. A preliminary transcript of this hearing is now available.
The following witnesses testified:
- Eric R. Dinallo, Superintendent, New York State Insurance Department
- Lynn E. Turner, former chief accountant, Securities and Exchange Commission
- Robert B. Willumstad, former Chief Executive Officer, AIG
- Martin J. Sullivan, former Chief Executive Officer, AIG
(Maurice R. Greenberg, former Chief Executive Officer, AIG, will not testify due to illness)
Documents and Links
Testimony of Eric Dinallo (37 KB)- Testimony of Lynn Turner (167 KB)
- Testimony of Robert Willumstad (29 KB)
- Testimony of Martin Sullivan (213 KB)
- Testimony of Maurice Greenberg (80 KB)
- Testimony of Nell Minow (25 KB)
- AIG Quarterly Financial Data Chart (2007-2008) (73 KB)
- AIG Quarterly Financial Data Graph (2007-2008) (63 KB)
- Audit Committee Meeting Minutes, February 7, 2008 (2 MB)
- Audit Committee Meeting Minutes, February 26, 2008 (949 KB)
- Audit Committee Meeting Minutes, January 15, 2008 (1 MB)
- Audit Committee Meeting Minutes, March 11, 2008 (972 KB)
- Board of Directors Meeting Minutes, May 8, 2008 (3 MB)
- Compensation Committee Meeting Minutes, March 11, 2008 (1 MB)
- Joseph Cassano Consulting Letter (527 KB)
- Letter to AIG from OTS, March 10, 2008 (1 MB)
- Letter to Oversight Committee from Joseph St. Denis (3 MB)
- St. Regis Invoice Summary (146 KB)
- Willumstad Severance Rejection Letter (85 KB)
- AIG St. Regis Expenses (190 KB)
- Letter to Secretary Paulson (74 KB)
- Martin Sullivan AIG Compensation (184 KB)
- Preliminary Hearing Transcript (18 MB)
