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Home Front: Politix
Geithner called to explain AIG bailout secrecy
2010-01-09
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Blah, blah, blah....
Posted by:Uncle Phester

#4  Looks like Dodd IS going to get treasury.
Posted by: notascrename   2010-01-09 22:19  

#3  He'll blame Turbotax...
Posted by: tu3031   2010-01-09 21:33  

#2  "A growing chorus of lawmakers says Geithner must explain his involvement in deals that diverted billions from AIG's bailout to Goldman Sachs and other big banks."

In other words, "Why didn't we get OUR cut?"
Posted by: Barbara Skolaut   2010-01-09 21:29  

#1  
Hank Greenberg's take on the debacle.
Most of all, he cannot fathom why Treasury and the Federal Reserve let billions of dollars in taxpayer cash fly out the backdoor to Goldman and other firms. Washington could simply have ordained that AIG's debts were the government's debts and so no collateral was due give Uncle Sam's bulletproof credit rating.
Posted by: tipper   2010-01-09 19:17  

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