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WH: Geithner Not Involved w/AIG

Treasury Secretary Timothy Geithner “was not involved” in decisions by the Federal Reserve Bank of New York when it told American International Group Inc. to withhold details from the public about the bailed-out insurer's payments to banks in 2008, White House press secretary Robert Gibbs said.

Geithner, who was head of the New York Fed at the time, “wasn't party to the decision,” Gibbs said at a White House briefing. Asked if President Barack Obama continues to have confidence in Geithner, Gibbs said, “Of course.”

http://www.chron.com/disp/story.mpl/business/6805724.html

That's good enough for me--ha ha



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This will be proven wrong.

I have no doubt that smoking gun is out there.

If you read "Too Big To Fail", you will find that Geitner was completely hands on.

A blackberry text, a taped conversation, an email. I have no doubt that it is out there waiting for a personal denial from Geitner.

meekandmild's picture

As a captain of a ship

you are in charge of everything that happens on the ship, even if you did not participate in it or witness it, you are still responsible for all actions involving that ship.