NU Online News Service, Jan.19, 3:42 p.m. EST

WASHINGTON–Federal Reserve Board Chairman Ben Bernanke defended his agency's actions today in bailing out American International Group and asked the Government Accountability Office to conduct a study of its decisions involving AIG.

He also offered to make available to the GAO all records and personnel necessary to conduct this review, and said the Fed provides detailed and continual information regarding its investment in AIG.

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