AIG's problems far greater than Bush officials told public
Greg Gordon | McClatchy Newspapers


WASHINGTON — At the peak of the 2008 financial crisis, then-Treasury Secretary Henry Paulson and top Federal Reserve officials told the nation that there was an urgent need for the government to lend $85 billion to the American International Group so the giant insurer's temporary cash squeeze wouldn't trigger global financial chaos.

Big Banks Make Desperate Last Ditch Effort to Weaken Wall Street Reform

Everyday Americans have made big progress advancing legislation to rein in the recklessness of the big Wall Street Banks that led to the economic collapse and cost eight million Americans their jobs. Now we have to win one final battle to get a tough bill that will hold Wall Street accountable signed into law.