RSSHill panel blasts Geithner during AIG hearing
From: The Washington Times | January 27, 2010
Treasury Secretary Timothy F. Geithner drew sharp criticism from Democrats and Republicans alike Wednesday for his role in the $180 billion-plus taxpayer bailout of insurance giant American International Group, with some challenging his claim that he played no role in withholding information about AIG deals with business partners. When President Obama picked the then-New York Fed chief on Nov. 24, 2008, "I withdrew from monetary policy decisions . . . and day-to-day management of the New York Fed," Mr. Geithner told a congressional panel. But one member after another lit into Mr. Geithner, venting rising public frustration over bank bailouts ...
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