Talk about a toxic asset...
One of the people named this week to President Obama's new Task Force on Tax Reform is a member of the AIG board of directors.Let me guess. Summers thought it was a great idea.
Martin Feldstein, a professor of economics at Harvard University, has been on the board of American International Group since 1988. He also was a prominent economic adviser to Presidents Ronald Reagan and George W. Bush.
Asked about the AIG connection, a senior administration official said Friday that the White House declined to comment on the story.
Like the others named to the tax reform task force, Feldstein also serves on Obama's Economic Recovery Advisory Board, which is headed by former Federal Reserve Chairman Paul Volcker.
