Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: FJB who wrote (77226)	1/7/2010 2:43:41 PM
From: Proud_Infidel	2 Recommendations of 224748

Geithner's NY Fed told AIG to keep quiet on deals AP on Yahoo ^ \| 1/7/10 \| Daniel Wagner news.yahoo.com WASHINGTON – The Federal Reserve Bank of New York pressed American International Group Inc. to withhold details of controversial deals that funneled billions in bailout money to Goldman Sachs and other banks. E-mails show lawyers representing the New York Fed asked AIG to remove the information from a draft financial disclosure. Treasury Secretary Timothy Geithner was president of the New York Fed at the time. The deals were part of a massive rescue effort at the peak of the financial crisis. Lawmakers and others have accused Geithner's Fed of overpaying banks, including Goldman and Deutsche Bank, to cancel deals with AIG.

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