Public Disclosure As A Last Resort: How the Federal Reserve Fought to Cover Up the Details of the AIG Counterparties Bailout From the American People

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Serial Number
Levin Center Identifier
Document Date
2010-01-25
Report Length
22 pages
Policy Agendas Project Major Code
Additional, Minority, Dissenting Views
Found Using Methodology
Yes
Subcommittee(s)
Commission(s)
Idependent Author(s)
Brief Executive Summary
The House Committee on Oversight and Government Reform provides a detailed look at the federal bailout of the American International Group, the payment to counterparties of AIG's credit default swaps, and how the Federal Reserve chose to conceal information about these payments to the American People. The report uncovers multiple actions of the Federal Reserve that showed a lack of transparency.
Related Hearings
Authors–Congress Members
Authors–Staff Members
Authors–Ex Officio Members
Authors–Additional, Minority, Dissenting Views
Citation