Paying full price on AIG's (AIG) credit default swaps was the right choice, Geithner will tell a...

|By:, SA News Editor

Paying full price on AIG's (AIG) credit default swaps was the right choice, Geithner will tell a congressional panel later today. Protracted demands for concessions could have triggered devastating credit downgrades, causing an AIG collapse with 'catastrophic' consequences for the economy.