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The Fed Told AIG Not to Disclose Payments to Goldman

January 7, 2010

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.

Bloomberg got it first.

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.

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