Bailout Watchdogs Call For The End Of AIG Tax Break

Law360, New York (March 13, 2012, 1:28 PM EDT) -- Ex-lawmaker Elizabeth Warren and other former members of a committee that oversaw government bailouts of troubled businesses asked Congress on Monday to stop giving to insurance behemoth American International Group Inc. a tax benefit they call unfair.

Warren, a former Democratic congresswoman from Massachusetts and the onetime chairman of the Congressional Oversight Panel for the Troubled Asset Relief Program, was joined in a statement by fellow panel members Damon Silvers, Mark McWatters and Kenneth Troske, who were appointed by Congress. They said an exemption that the...
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