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Shahien Nasiripour

Fed's AIG Bailout: Bernanke Requests A 'Full Review' From Government Watchdog | Shahien Nasiripour | Posted 05.25.2011 | Business

Federal Reserve Chairman Ben Bernanke took the unusual step Tuesday of asking Congress's investigative arm to conduct a "full review" of the Fed's rol...

Barney Frank: I Want Hearings On Geithner's Role In AIG

BusinessWeek | Alison Vekshin and Peter Cook | Posted 05.25.2011 | Politics

Representative Barney Frank said the Federal Reserve Bank of New York's 2008 order to American International Group Inc. (AIG) to suppress disclosures ...

Shahien Nasiripour

Geithner's New York Fed Told AIG To Limit Swaps Disclosure | Shahien Nasiripour | Posted 05.25.2011 | Business

UPDATE: This post was updated at 2:15 p.m. to reflect new information obtained by the Huffington Post regarding an ongoing investigation into these ma...

White House Stands by Geithner, Citing His Ignorance

Ross Hyzer | Posted 05.25.2011 | Comedy
Ross Hyzer

If government serves only to amplify the already considerable power of the mighty, then it's about as useful to the average person as a Louis XIV credenza is to a horse.

After Helping Gordon Gekko Evade the SEC, Will Geithner Finally Now Be Fired?

David Sirota | Posted 05.25.2011 | Politics
David Sirota

It's appalling to learn that one government agency was actively encouraging a private corporation to withhold information from another government agency.

AIG Swaps: New York Fed's Secret Choice To Pay For AIG Swaps Cost Taxpayers $13 Billion | Richard Teitelbaum and Hugh Son | Posted 05.25.2011 | Business

Oct. 27 (Bloomberg) -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and h...

Who Will Succeed Tim Geithner as Next Treasury Secretary?

Steve Clemons | Posted 05.25.2011 | Politics
Steve Clemons

The revelations that the New York Fed advised AIG to hide matters from regulators may be the final trigger for Geithner's departure -- and Obama needs to change his economic team anyway.

Tip of the Iceberg

Eliot Spitzer | Posted 05.25.2011 | Business
Eliot Spitzer

The AIG emails are the 'black box' of the financial crisis. If we understand the failure of AIG, we will more fully understand the crisis -- what caused it and how to prevent it from happening again.

AIG Emails: Spitzer, Blodget Debate Whether AIG's Internal Documents Should Be Published Online For Public Review (VIDEO)

Posted 05.25.2011 | Business

In a New York Times op-ed over the weekend, former New York attorney general and governor Eliot Spitzer and two law professors, Frank Partnoy and Will...

New York Fed-AIG Emails Sparking New, Bipartisan Criticism Of Geithner

Posted 05.25.2011 | Business

A batch of internal emails showing that the New York Fed, at the time led by current Treasury Secretary Timothy Geithner, urged AIG to conceal certain...

Tim Geithner: Henhouse Fox. Thanks Again, Obama!

Barry Yourgrau | Posted 05.25.2011 | Business
Barry Yourgrau

What kind of two-ton albatrosses is Obama & Co. hanging around the neck of the Democrats with appointments like Geithner's?

SEE Where Mortgages Are Most Delinquent

Posted 05.25.2011 | Business

Where is the mortgage crisis wracking the most damage? These handy maps, courtesy of the New York Fed, track changes in mortgage delinquency rates by ...

Geithner: Obama, Top Democratics | Posted 05.25.2011 | Business

Jan. 11 (Bloomberg) -- Treasury Secretary Timothy Geithner retains the confidence of President Barack Obama as he faces questions about why the Federa...

Geithner's Time to Give Answers

Rep. Darrell Issa | Posted 05.25.2011 | Business
Rep. Darrell Issa

Inadvertent reporting errors are one thing. Directing a bailed-out company to withhold crucial information from a government agency in order to keep the American public in the dark is another.

The Full Story of How Tim Geithner Secretly Bailed Out Wall Street at Your Expense

Henry Blodget | Posted 05.25.2011 | Business
Henry Blodget

One of AIG's goals last fall was to persuade the counterparties to the credit default swaps it had written to accept buyouts as low as 40 cents on the dollar. Then Tim Geithner, head of the New York Fed, stepped in.

New York Fed Goes Through Hiring Spree | Aline van Duyn | Posted 05.25.2011 | Business

The Federal Reserve Bank of New York is aggressively hiring traders as it seeks to manage its burgeoning securities holdings, making the central bank ...

New NY Fed Chief William Dudley Slams Bankers Over 'Self-Interest'

Financial Times | Henny Sender | Posted 05.25.2011 | Business

William Dudley, new president of the New York Federal Reserve Bank, on Friday accused bankers of exacerbating the financial crisis, saying some failed...

GM, Chrysler Want Billions More

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

Incidentally, GM got another $4 billion Tuesday after turning in their plan. Were you ever rewarded that much just for doing your homework?