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Reuters Industry Summit

The first Boeing 787 Dreamliner sits on the assembly line at the company's Everett plant in Washington in this May 19, 2008 file photo. REUTERS/Robert Sorbo/Files

Aerospace and Defense

Defense budgets are not declining as sharply as some had feared, but companies are scrambling to ensure continued earnings growth. Get exclusive insight into the defense sector from the Reuters Aerospace and Defense Summit.  Full Coverage 

    Fed chairman, Paulson in AIG talks with Congress

    Tue Sep 16, 2008 7:52pm EDT

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    A woman exits the American International Building, world headquarters of American International Group (AIG) September 16, 2008. REUTERS/Brendan McDermid

    WASHINGTON, Sept 16 - Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson were meeting with U.S. Congressional leaders late on Tuesday to discuss the problems of embattled insurer American International Group Inc (AIG.N) , a source familiar with situation said.

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    The source declined to comment on whether the discussion would include the possibility of using government money in any resolution of AIG's credit crisis.

    (Reporting by Mark Felsenthal)
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    Aerospace Industries Association President and CEO Marion Blakey makes remarks during the Reuters Aerospace and Defense Summit, December 16, 2009 in Washington.REUTERS/Mike Theiler

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    President Barack Obama delivers remarks at Lehigh Carbon Community College in Allentown, Pennsylvania, December 4, 2009. REUTERS/Jim Young
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    Would you give him a B+ too?

    "I told Michelle when we got here that in six months my poll numbers will start crashing," says President Obama. He's not worried -- yet.  Full Article 

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