Wednesday, January 13, 2010

AIG Secrets Revealed. . . .

. . . .in 2018


According to libertyjournal.com:

In a story reported last week, BusinessWeek reported that the current U.S. Treasury Secretary, Tim Geithner, while heading up the New York Federal Reserve Bank, told AIG to not publicly disclose the payout it provided to banks with taxpayer bailout money. . . .

. . . .I think it’s obvious that the banking and moneyed interest in the U.S. designed America’s economic meltdown. As the layers of this onion are peeled back, more corruption is revealed. In a follow-up to this you will see the continued corruption, with the likes of Tim Geithner, the Federal Reserve Bank, the U.S. Treasury. the SEC, and others. As reported on 1/ 12/10, the SEC agreed to allow the details of the AIG bailout/payout to be kept secret until 2018. Talk about covering your ass.

----------------------------------------------------------

2018. . . .Ten more years. . . .WTF?. . . . .What are they trying to hide? Are they waiting for the "Statute of Limitations" to run out? Who got sweetheart deals in this bailout?

The AIG bailout has cost the American Taxpayer over $150 billion. . . .I thought Obama promised to run the most transparent White House in history. . . .
Obama "You LIED" again

Bernie Madoff is in Federal Prison for ripping off investors for a few billion dollars. . . .Where can we send these lying, thieving crooks? Oh I know. . . .Guantanamo will be empty by then. . . .Thanks to Obama. . . .

----------------------------------------------------------

AIG - American International Group, Inc. - (collapsed due to sub-prime mortgage-backed securities) AIG suffered from a liquidity crisis when its credit ratings were downgraded below "AA" levels in September 2008. The United States Federal Reserve Bank on September 16, 2008, created an $85 billion credit facility to enable the company to meet increased collateral obligations consequent to the credit rating downgrade, in exchange for the issuance of a stock warrant to the Federal Reserve Bank for 79.9% of the equity of AIG.

http://thelibertyjournal.com/2010/01/12/treasury-secretary-geithners-ny-federal-reserve-told-aig-to-withold-payout-information/