Geithner’s New York Fed Pushed AIG To Keep Sweetheart Deals Secret – Huffington Post


An arm of the Federal Reserve, then led by now-Treasury Secretary Timothy Geithner, told bailed-out insurance giant AIG to withhold key details from the public about overpayments that put billions of extra tax dollars in the coffers of major Wall Street firms, most notably Goldman Sachs.

The sordid tale unfolds in a series of e-mails between the company and the New York Fed obtained by Rep. Darrell Issa (R-CA), the ranking member of the House Committee on Oversight and Government Reform, and first publicly disclosed by Bloomberg News.

via Geithner’s New York Fed Pushed AIG To Keep Sweetheart Deals Secret – Yahoo! News.

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