The chairman of the House oversight committee has questions about the $182 billion in bailouts given to American International Group and he's ready to call in the U.S. Treasury secretary to get some answers. At least one television host is suggesting the New York Federal Reserve's involvement in the bailout could spell the "end" of Sec. Timothy Geithner. Rep. Edolphus Towns (D-NY) said he plans to hold a hearing on the AIG bailouts sometime in January and plans to ask Geithner to testify about why the New York Federal Reserve told AIG to hide massive payments to banks, according to a published report...LinkSaturday, January 9, 2010
Geithner testimony over AIG bailout scandal.
The chairman of the House oversight committee has questions about the $182 billion in bailouts given to American International Group and he's ready to call in the U.S. Treasury secretary to get some answers. At least one television host is suggesting the New York Federal Reserve's involvement in the bailout could spell the "end" of Sec. Timothy Geithner. Rep. Edolphus Towns (D-NY) said he plans to hold a hearing on the AIG bailouts sometime in January and plans to ask Geithner to testify about why the New York Federal Reserve told AIG to hide massive payments to banks, according to a published report...Link
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment