chairman as you can recall aig's founder, hank greenberg, has previously testified along with the i ago ceo edward liddy. that that testimony hank greenberg made is very clear that he believed that one hedging should have occur sooner and, two, bankruptcy would have been a cleaner way to rolph resolve a company in which she the largest stockholder. after that hearing, they re-engaged think founder to help a company 80% owned by the american people. not to say that there's a lot of good news at aig. mr. chairman it's clear that the money paid and it being kept secret may ultimately cause the american people never to be repaid these dollars. i'll try to--did you hear me okay now? you can't? okay. now -- okay. i will focus on this microphone this time. usually the problem is i'm too well heard. right, mr. chairman? >> generally. >> today we will have an opportunity to ask questions and the american people will have the right, and i believe will receive, straightforward answers. so far, mr. chairman, this is what we know. we know that some of today's witnesses played a central role in the d

chairman, as you can recall, aig's founder, hank greenberg, has previously testified along with the i ago ceo edward liddy. that that testimony hank greenberg made is very clear that he believed that one hedging should have occur sooner and, two, bankruptcy would have been a cleaner resolve a company in which she the largest stockholder. re-engaged think founder to help a company 80% owned by the american people. not to say that there's a lot of good news at aig. mr. chairman, it's clear that american people never to be repaid these dollars. i'll try to--did you hear me okay now? you can't? okay. now -- okay. i will focus on this microphone this time. usually the problem is, i'm too well heard. right, mr. chairman? >> generally. >> today we will have an opportunity to ask questions and the american people will have the right, and i believe will receive, straightforward answers. so far, mr. chairman, this is what we know. enal role at some of today's in the decision to bail out aig rather than allow the normal bankruptcy procedures to run their course. we know that one of today's witne

s founder, hank greenberg has previously testified along with a.i.g.'s c.e.o., and he made it clear that he believed that, one, hedging should have occurred sooner and two, bankruptcy would have been a cleaner way to resolve a company in which he is the largest stockholder. i'm proud to say after that hearing, a.i.g. has re-engaged their founder to help maximize the value of a company that is currently 80% owned by the american people. not to say that there's a lot of good news at a.i.g. mr. chairman, it's clear that the money paid and it being kept secret may ultimately cause the american people never to be repaid these dollars. can you hear me ok now? you can't? i will focus on this microphone. usually the problem is i'm too well heard, right, mr. chairman? >> generally. >> today we will have the opportunity to ask questions and the american people will have the right and i believe will receive straightforward answers. so far, mr. chairman, this is what we know. we know that some of today's witnesses played a central role in the decision to bail out a

s founder, hank greenberg, previously said in testimony, made it very clear that he believes that onestockholder. i am practicing it after that hearing, aig has greengage foundlings -- greengage founders. not to say there is a lot of good news. but it is clear that the money paid and being kept secret will keep the taxpayer from receiving these dollars. okay now? you can't? okay. now -- okay. i will focus on this microphone this time. usually the problem is, i'm too well heard. right, mr. chairman? >> generally. >> today we will have an opportunity to ask questions and the american people will have the right, and i believe will receive, straightforward answers. so far, mr. chairman, this is what we know. we know that some of today's witnesses played a central role in the decision to bail out aig rather than allow the normal bankruptcy procedures to run their course. we know that one of today's witnesses made the decision to pay aig counterparties at 100 cents on the dollar. we know that one of today's witnesses was the primary architect of the aig trust agreement, whereby, the taxpaye