The sole witness at a House hearing Thursday, the former Treasury Secretary will also defend his role in pushing the merger of Bank of America and Wall Street giant Merrill Lynch.
In Thursday's hearing, they pointed to the Bank of America-Merrill Lynch merger as evidence of a system that had spun out of control.
Or did the bank's CEO engage in an 'old-fashioned shake down' in seeking a government bailout?
A hasty exodus could weaken the wobbly banking system, US officials say. They're poised to raise the bar for those wanting out of the Treasury-runprogram.
Edward Liddy is praised by some lawmakers for taking on a tough task. But others excoriate him for large payments to those who helped bring down the company.
She'll talk with China and three other nations about climate change, the financial crisis, and more.
Five months into the economic crisis, experts predict a years-long recovery.