Timmy boy is a crook... and heads up the Treasury...
Brilliant move.
Bloomberg News
Geithner’s Fed Told AIG to Limit Swaps Disclosure
Jan. 7 (Bloomberg) -- The Federal Reserve Bank of New York, then led by Timothy Geithner, told American International Group Inc. to withhold details from the public about the bailed-out insurer’s payments to banks during the depths of the financial crisis, e-mails between the company and its regulator show.
AIG said in a draft of a regulatory filing that the insurer paid banks, which included Goldman Sachs Group Inc. and Societe Generale SA, 100 cents on the dollar for credit-default swaps they bought from the firm. The New York Fed crossed out the reference, according to the e-mails, and AIG excluded the language when the filing was made public on Dec. 24, 2008.....
xtnyoda, shalomed
Labels: culture of corruption
1 Comments:
So.....this is a surprise? LOL!!!
He admitted that he was a crook when he admitted to dodging his taxes.
Nuf said.
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