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  • In an unusually ill-tempered confrontation, members of Congress from both parties rounded on Geithner over a decision to use taxpayers??? money to pay out the full $62bn owed by AIG to banks such as Goldman Sachs, Merrill Lynch, Barclays and RBS. Geithner described the AIG bailout, which cost a total of $182bn, as a ???tragic choice??? at the height of the global financial crisis in September 2008
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