Geithner Advised AIG to Keep Quiet About $105 Billion Paid to Banks | Print | E-mail
Written by Steven Yates
Friday, 08 January 2010 12:53
U.S. Treasury Secretary Timothy Geithner has some explaining to do. Both the New York Times and the British Telegraph have reported that e-mails going back to January 2009 show that the troubled insurance firm American International Group (AIG) received instructions from the New York branch of the Federal Reserve not to reveal certain details of bailout payments the company received courtesy of longsuffering American taxpayers.

In one of the e-mails, a Federal Reserve lawyer told AIG, “There should be no discussionâ€