mr. moriarty. we now call our fifth and for the day final panel. jim moriarty, chief restructuring officer of the u.s. department of treasury. have you found a coortable place? i think you found a low chair, sir. better you are shorter than i recall. there you go. the we go. much better. when you are ready, if you could give us an opening statement and holder to five minutes please. >> chair warning members of the panel thank you for the opportunity to testify. since joining the treasury department of may 2006 i have been-- 2009, sorry, i've been-- i've been primarily responsible for everything the xpayers significant investment and amican international group. as you know prior to joining the treasury department spent 28 years working in the private sector so basically on financial restructuring. i will use my time today briefly to outline our current commitments to aig, the company's restructurg plan in the exit strategy. the federal reserve bank of new york and treasury department have extended $132 billion of financial support to aig. the new yo

mr. moriarty. we now call ourifth and for the day final panel. jim moriarty, chief restructuring officer of the u.s. department of treasury. have you found a comfortable place? i think you found a low chair, sir. better you are shorter than i recall. there you go. there we go. much better. when you are ready, if you could give us an opening statement and holder to five minutes please. >> chair warning members of the panel thank you for the opportunity to testify. since joining the treasury department of may 2006 i have been-- 2009, sorry, i've been-- i've ben primarily responsible for everything the taxpayers significant investment and american international group. as you know prior to joining the treasury department spent 28 years working in the private sector so basically on financial restructuring. i will use my time today briefly to outline our curren commitments to aig, the company's restructuring plan in the exit strategy. the federal reserve bank of new york and treasury department have extended $132 billion of financial support aig. the n