Thursday, January 07, 2010




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

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1 Comments:

Blogger Prime said...

So.....this is a surprise? LOL!!!

He admitted that he was a crook when he admitted to dodging his taxes.

Nuf said.

5:39 PM  

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