U.S. Treasury Secretary Timothy Geithner to G-20: Aggressive Action Needed to fix financial systems and get credit flowing again. AIG says it will try to cut future bonuses and compensation for some of its top earning employees. 19 banks undergoing stress tests to see how they would withstand extreme financial shocks. G-10 agreed to mobilize more resources for the international financial institutions to address the risks posed by the pull back of capital flows and the fall in external demand. G20 agreed on a common framework of concrete changes to international financial architecture.”]
Source: https://www.cuinfosecurity.com/us-economy-predicted-to-recover-in-2010-a-1280