Telling lawmakers that the U.S. financial system has grown "too unstable and fragile," Treasury Secretary Timothy Geithner rolled out the Obama administration's plans Thursday for a massive overhaul of the government's financial oversight role.

Mar 23

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After the Treasury Department released its plan today to rid banks of so-called “toxic assets” by enticing private investors to partner with the government, Paul Solman answered questions on the basics of the plan. What exactly are…

Mar 18

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AIG Chairman Liddy Heads to Capitol Hill

The head of American International Group appeared on Capitol Hill Wednesday amid a furor over bonus pay at the company and told lawmakers that he's called on employees to return a portion the controversial payments.

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