The Treasury has announced new "capital cushion" requirements for financial institutions to reduce excessive risk and prevent taxpayer bailouts.  The only problem with this is that it will be on the Taxpayer's back.  Click the article to get the details of the story.

Senate Banking Committee Holds Hearing on Government Actions Related to AIG

Do you want to know more about AIG?  The article states that AIG's crisis did not come from its state regulated insurance companies,” but rather stemmed from “certain credit default swaps and collateral calls by global banks, broker dealers and hedge funds that are counterparties to these credit default swaps.”  Click the article to read more about this story.