Valdosta Daily Times

National, International News

March 18, 2014

Today in History for Tuesday, March 18, 2014

(Continued)

-- — Five years ago

Under intense pressure from the Obama administration and Congress, the head of bailed-out insurance giant AIG, Edward Liddy, told Congress that some of the firm’s executives had begun returning all or part of bonuses totaling $165 million. Tony-winning actress Natasha Richardson, 45, died at a New York hospital two days after suffering a head injury while skiing in Canada.

One year ago

A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a massive financial bailout was met with fury. (That proposal was rejected by the Cypriot parliament; authorities ended up seizing large portions of uninsured savings in the country’s two largest banks and imposing capital controls.) A mortar shell explosion killed seven Marines from Camp Lejeune and injured eight other people during mountain warfare training at Hawthorne Army Depot in Nevada.

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