TheNewsRoom | Business Update: subpoena for AIG

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Business Update: subpoena for AIG

March 16, 2009

New York State's attorney general said subpoenas will be issued to force AIG to disclose information on the highly-controversial bonus payout. On Wall Street: the Dow slipped 7 points and the S&P 500 index dipped 2 point. The Nasdaq lost 27 points. SPEAKER: Alec Young, equity strategist, Standard & Poor's Conway Gittens reports from New York.