Quantcast
Fed told AIG to limit disclosure – Metro US

Fed told AIG to limit disclosure

The Federal Reserve Bank of New York, then led by Timothy Geithner, told American Internat-ional Group Inc. in e-mails to withhold details about the bailed-out insurer’s payments to banks during the depths of the financial crisis. It appears that the New York Fed deliberately pressured AIG to restrict and delay the disclosure of important information,” said Rep. Darrell Issa, the ranking member of the House Oversight and Government Reform Committee.