NY Fed: Geithner not involved in AIG disclosures

WASHINGTON | Fri Jan 8, 2010 2:12pm EST

WASHINGTON Jan 8 (Reuters) - The New York Federal Reserve Bank did not bring securities law disclosures for insurer American International Group Inc (AIG.N) to the attention of Timothy Geithner, who headed the bank at the time of AIG's bailout in 2008, the bank's top lawyer said on Friday.

"Matters of AIG securities law disclosure were not brought to the attention of the president of the Federal Reserve Bank of New York," Thomas Baxter, the New York Fed's general counsel, said in a statement.

The U.S. Treasury and White House also have said Geithner was not involved in any e-mailed discussions between New York Fed and AIG lawyers over disclosures of the insurer's payments to banks. (Reporting by David Lawder; Editing by Padraic Cassidy)

Regulatory News
Bonds News
Bonds
Markets

Related Quotes and News

Company
Price
Related News
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
Boxx wrote:
The following are the daily schedules of Timothy F. Geithner from January 2007 to January 2009, when he was the president of the Federal Reserve Bank of New York. The New York Times obtained this calendar through a Freedom of Information Act request. The Times has redacted personal addresses and phone numbers, but otherwise has reproduced the calendar in the form it was released; in some cases, dates are missing, in others, duplicates reflect revisions to his datebook. We have highlighted some items of note at the right — click on each chapter heading to expand it.

His daily schedule as President of the new York Fed is available in PDF form until Jan. 20, 2009 when he was nominated for Treasury secretary

Jan 08, 2010 2:58pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.
See All Comments »