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11-07-2009, 03:30 AM #1
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How Tim Geithner Screwed the Taxpayers
How Tim Geithner Screwed the Taxpayers
Friday, November 6, 2009 10:33 AM
By: Julie Crawshaw
The decision to pay the banks owed money by American International Group 100 percent of what AIG owed them cost American taxpayers at least $13 billion, Bloomberg reports.
Janet Tavakoli, founder of Chicago-based Tavakoli Structured Finance Inc., a financial consulting firm, says the government squandered billions in the AIG deal.
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