Friday, January 8, 2010

AIG bailout a mess

AIG once again is in the news for not allowing the public to know all the details of the 180 billion dollar mess.

The instructions came at a time when Geithner, who is now the Treasury secretary, led the New York Fed. Along with Fed chief Ben Bernanke and former Treasury Secretary Henry Paulson, Geithner was one of the key architects of the federal response to the economic meltdown of 2008. New York Fortune Magazine, http://money.cnn.com/2010/01/07/news/geithner.disclosure.fortune/index.htm



I find this amazing, and I wonder Why?



For more information, please visit other blogs of interest.

http://therealpantsdown.blogspot.com/2009/11/federal-reserve.html

http://therealpantsdown.blogspot.com/2009/12/federal-reserve-chairman-and-christmas.html

http://therealpantsdown.blogspot.com/2010/01/wall-street-bonus-payouts.html

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