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Saturday, January 9, 2010

House panel wants Geithner to testify about New York Fed and AIG

House panel wants Geithner to testify about New York Fed and AIG


Snippet of Article: "...e-mails showing that the New York Fed had asked AIG to refrain from disclosing details about payments it had made to trading partners in the wake of its $85 billion initial federal bailout in late 2008. AIG transferred more than $62 billion to a number of large domestic and foreign banks, including Goldman Sachs and Société Générale, paying those obligations at full value. ..."


Reference: www.washingtonpost.com

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