Prompted the Federal Reserve Bank of New York, scooped-out American International Group disclosed its billion-dollar payouts to delay the big financial companies at the height of the financial crisis, e-mail exchange shows. AIG, if necessary, revised after public filings with the Securities and Exchange Commission requested additional information and under pressure from Congress to disclose the names of the banks. Under the leadership of the New York Fed, then by Timothy F. Geithner, AIG led to the complete payment of what itThanks to a number of major banks such as Goldman Sachs and the German bank. The legislator, who published the e-mails from the New York Fed to masking of the transactions to conceal what is essentially a backdoor accused rescue operations. The payments follow the decision of the Government for AIG with a 180 billion U.S. dollars rescue package to save. "It seems that the New York Fed under pressure AIG deliberately restrict and delay the disclosure of important information," said Rep. Darrell Issa (R-Calif.). Taxpayers deserve full"Share our nation's securities laws, not the withholding of politically inconvenient information." Thomas Baxter, the New York Fed's general counsel, said in a statement that the final decision rested on the release of AIG. "All the information was known, in fact, that had to be disclosed by the company, showing that the counterparty par [or receive full value]. There was no attempt to mislead the public," he said. Issa and others on Capitol Hill, she said, the oral hearing scheduled forand ...
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