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Politics : Sioux Nation
DJT 14.40+2.8%Jan 9 9:30 AM EST

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From: Travis_Bickle1/26/2010 5:42:25 AM
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NYFed Emails About AIG Coverup Now Public

The leaks continue apace:

The day after Vice Chairman Kohn testified before Congress, it started dawning on the FRBNY that they weren’t going to be able to keep the names of counterparties from Congress.

FRBNY staff member James Bergin e-mailed several other FRBNY staff:

“I have to think this train is probably going to leave the station soon and we need to focus our efforts on explaining the story as best we can. There were too many people involved in the deals – too many counterparties, too many lawyers and advisors, too many people from AIG – to keep a determined Congress from the information.” 62

Fascinating stuff . . .

ritholtz.com

It's not the crime, it's the cover-up
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