Economic crisis investigation: special panel to look at derivatives - Hawaii News Now - KGMB and KHNL

Economic crisis investigation: special panel to look at derivatives

HONOLULU (HawaiiNewsNow) - Wednesday, a special panel will begin investigating the origins of the economic crisis. The Financial Crisis Inquiry Commission is turning its focus to derivatives.

On the hot seat will be former executives of AIG, the insurance giant saved from collapse by a $182 billion dollar taxpayer bailout.

Current officials of Goldman Sachs will also get grilled.

The financial powerhouse has been one of Wall Streets biggest derivatives dealers.

Copyright 2010 Hawaii News Now. All rights reserved.

Powered by Frankly