The independent overseer of the Troubled Asset Relief Program says in a new report today that it is essential going forward that American International Group have a federal consolidated regulator.
The comments by Christy L. Romero, special inspector general for the TARP program (SIGTARP), were made in the Office of the Special Inspector General's quarterly report.
She says in the report that if AIG decides to sell its thrift, then it should still come under federal oversight as a systemically important financial institution (SIFI).
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