Thomas Baxter

• AIG Default Swap Repayments Criticized

  By Arthur D. Postal, PropertyCasualty360.com  |  May 27, 2010

  The Federal Reserve Bank of New York came under intense fire at a congressional hearing this week for its decision to allow 100 percent payback for counterparties to AIG credit default swaps after it bailed out the firm in September 2008.

• Geithner To Testify At House Inquiry On AIG, Fed Dealings

  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.

• AIG Silence On Fed Bailout Details Leads To House Panel Inquiry

  By Arthur D. Postal, PropertyCasualty360.com  |  January 8, 2010

  The head of a House committee said he will hold a hearing to probe allegations that Federal Reserve Bank of New York officials told American International Group not to disclose information about bailout arrangements.