Watch List : American International Group (NYSE:AIG), GT Advanced Technologies (NASDAQ:GTAT), Hooker Furniture (NASDAQ:HOFT), ChipMOS TECHNOLOGIES (NASDAQ:IMOS), MDC
Treasury Secretary Timothy Geithner on Tuesday defended the government’s rescue of American International Group Inc in September 2008, saying the action was necessary to prevent the country from plunging into a possible second Great Depression. Geithner’s comments came in testimony he provided in the trial of a lawsuit brought by Hank Greenberg, AIG’s top executive…