U.S. Treasury Secretary Timothy Geithner told a congressional oversight group June 22 that the federal bailout of American International Group in 2008 could cost the U.S. taxpayers money.

Lawmakers are making allegations that Federal Reserve Chairman Ben Bernanke’s $182 billion bailout of AIG was s backdoor bailout of Goldman Sachs and other banks.

Bernanke is defending his actions and …  Read →