Geithner faces grilling over AIG bailout secrecy

US treasury secretary Timothy Geithner is to face a congressional grilling about suppressed details about deals that funnelled billions to big investment banks while he was president of the Federal Reserve Bank of New York.

Geithner faces grilling over AIG bailout secrecy
Sat, 09 Jan, 2010 - 10:24

US treasury secretary Timothy Geithner is to face a congressional grilling about suppressed details about deals that funnelled billions to big investment banks while he was president of the Federal Reserve Bank of New York.

Politicians reacted angrily yesterday to revelations in emails sent in late 2008 and early 2009 between lawyers for the New York Fed and insurance giant American International Group (AIG).

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CourtsBusinessHeathrowPlace: Wall StreetPerson: GeithnerPerson: Timothy GeithnerPerson: Darrell IssaPerson: Edolphus TownsPerson: Thomas BaxterPerson: Maria CantwellPerson: Senator Charles GrassleyPerson: Robert GibbsPerson: President Barack ObamaOrganisation: AIGOrganisation: Federal Reserve Bank of New YorkOrganisation: New York FedOrganisation: American International GroupOrganisation: Goldman SachsOrganisation: Societe GeneraleOrganisation: RepublicanOrganisation: House of Representatives Committee on Oversight and Government ReformOrganisation: DemocraticOrganisation: US TreasuryOrganisation: GoldmanOrganisation: US governmentOrganisation: Federal ReserveOrganisation: FedOrganisation: Senate Finance CommitteeOrganisation: White House
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