The Fed Told AIG Not to Disclose Payments to Goldman et.al.
Here’s the government trying to hide the bad deal it made on taxpayers’ behalf. The e-mails leave no doubt: Tim Geithner gave the banks, including a foreign bank, at least $13 billion extra U.S. taxpayer dollars over and above the amount AIG execs were negotiating.
NYT‘s Dealbook gives you the e-mails.
Hat tip to Rep. Darrell Issa (R-CA) for getting them.
Speaking of AIG, it is the insurer covering Taylor Bean & Whitaker’s executives—but it’s not yet paying on policies that supposedly protect those executives from legal fees.