WASHINGTON — A congressional panel has pressed American International Group Inc. Chairman Edward Liddy and the trustees who oversee the government’s investments in AIG to appear at a May 13 hearing.
The House Oversight and Government Reform Committee is organizing the hearing.
If the AIG Trust trustees make good on their agreement to testify, they will be testifying for the first time since they were appointed to their posts in January.
The trustees are Jill Considine, the former chairman of the Depository Trust & Clearing Corp., New York, and a former New York bank superintendent; Chester Feldberg, former chairman of Barclays Americas, a unit of Barclays P.L.C., London; and Douglas Foshee, president of El Paso Corp., El Paso, Texas.
Rep. Edolphus Towns, D-N.Y., chairman of the Oversight Committee, sent a letter April 22 asking Liddy to testify May 6.
Liddy did not want to testify on that date, because AIG is scheduled to report its earnings for the first quarter the following day, according to sources who requested anonymity.