-
By Daniel Hays |
January 26, 2010
A searing minority report by Republicans has scored the Federal Reserve and Treasury for being "deceptive and dishonest" about the government bailout of American International Group.
-
By Arthur D. Postal, PropertyCasualty360.com |
January 26, 2010
The Federal Reserve Bank of New York had American International Group use bailout money to pay banks full collateral on assets, some of which had dropped in value by more than 60 percent, a federal official is to tell a congressional committee.
-
By Arthur D. Postal, PropertyCasualty360.com |
January 18, 2010
Treasury Secretary Timothy Geithner has been scheduled to testify before a House committee concerning controversial dealings between the Federal Reserve Bank of New York and American International Insurance.
-
By Arthur D. Postal, PropertyCasualty360.com |
January 13, 2010
A House government oversight panel ordered the Federal Reserve Bank of New York to produce documents related to its role in American International Group's failure to disclose details of the decision to pay AIG trading partners in full.