Geithner's New York Fed told AIG to withhold information

myp said:

A watchdog report released today shows that Timothy Geithner, former head of the Federal Reserve bank in New York, told AIG to withhold certain information which has led to billions more being giving to the corporation in bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aO_AfZ7nSWwo

And this man is our Treasury Secretary.

Click to expand...

I never liked him.

myp said:

A watchdog report released today shows that Timothy Geithner, former head of the Federal Reserve bank in New York, told AIG to withhold certain information which has led to billions more being giving to the corporation in bailouts.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aO_AfZ7nSWwo

And this man is our Treasury Secretary.

Click to expand...

That just makes me bristle all over again at what had happened with the bail-out approval process in January of last year. How on earth could the political system in the United States have allowed this to be approved without proper auditing and complete transparent reporting about the auditing of funds that have been requested and allocated to a select group of BIG banks.