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.
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.
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...
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...
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 ...
Jan. 11 (Bloomberg) -- Treasury Secretary Timothy Geithner retains the confidence of President Barack Obama as he faces questions about why the Federa...
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.
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.
The Federal Reserve Bank of New York is aggressively hiring traders as it seeks to manage its burgeoning securities holdings, making the central bank ...
William Dudley, new president of the New York Federal Reserve Bank, on Friday accused bankers of exacerbating the financial crisis, saying some failed...