Geithner Defends Government Bailout of AIG

The transcript covers three main topics: Islamic State's activities in Kobani, Syria, and the regional responses, including US airstrikes and Turkey's stance. It then shifts to the pro-democracy protests in Hong Kong, highlighting the government's agreement to hold talks with protest leaders and the police's warning to clear demonstrators. Finally, it discusses former Treasury Secretary Tim Geithner's testimony in the AIG lawsuit, defending the government's bailout decision against claims by former AIG CEO Hank Greenberg.

What has been the response of Turkey to the conflict in Kobani?

• They have provided air support.

• They have sent humanitarian aid.

• They have intervened with military force.

• They have stationed tanks but not intervened.

What has been the outcome of US-led airstrikes in Kobani?

• They have led to a ceasefire.

• They have had no effect on the militants.

• They have only targeted civilian areas.

• They have successfully stopped the militants.

What action has the Hong Kong government taken in response to the protests?

• They have agreed to hold talks with protest leaders.

• They have imposed a curfew.

• They have increased police presence without any dialogue.

• They have ignored the protests.

What was Tim Geithner's defense regarding the AIG bailout?

• It was unnecessary and costly.

• It was crucial to prevent global panic.

• It was unfair to the insurance industry.

• It was a temporary measure.

What is the main argument of Hank Greenberg's lawsuit against the government?

• The bailout should have been larger.

• The bailout was unnecessary.

• The bailout terms were unfair to shareholders.

• The bailout was too generous.