"We Frankly Should Recind That Money"

 ~ Sen. Olympia Snowe, March 17 2009  - video timemark 1:47:30


video:
http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=284675-1

Witnesses testified about investment schemes such as the Bernie Madoff 
investment fraud scandal, and about offshore tax evasion legislation 
currently being developed by Chairman Baucus. Among the topics they 
addressed were international cooperation on financial fraud investigations, 
the use and misuse of federal bailout funds by U.S. financial institutions, 
ways to ensure greater transparency of financial transactions, and public 
outrage over an announcement that American Insurance Group (AIG) would pay 
out bonuses despite receiving billions in emergency taxpayer funding.


Investment Fraud and Offshore Tax Evasion

ID: 284675-1
Senate Finance Committee
03/17/2009
2 hours, 10 minutes


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