• Home
  • About
  • Webcasts
  • ‘Enforcement 40’ for 2020
  • Enforcement Hall of Fame
  • Contact
Securities Docket
Ankura 480x60
  • Class Actions
  • Criminal
  • Global
  • People
  • SD Insider
  • SEC
  • Video
  • Subscribe by email
  • Subscribe
Browse: Home / 2010 / January / 14 / Sen. Bunning Asks SEC to Investigate NY Fed

Sen. Bunning Asks SEC to Investigate NY Fed

By Amanda Harding on January 14, 2010, 12:14 pm

Senator Jim Bunning has asked the SEC to launch an investigation into whether AIG withheld material information under the advice of the New York Federal Reserve.

RTTNews reports that Bunning’s request comes on the heels of the releaseĀ of e-mails from the New York Fed that told AIG to drop a disclosure from a December 2008 filing that showed AIG paid banks 100 cents on the dollar for credit-default swaps they purchased from AIG.

Treasury Secretary Timothy Geithner was president of the New York Fed at the time the emails were written. According to RTTNew, Geithner and New York Fed General Counsel Thomas Baxter have been asked to testify about AIG’s disclosures.

Read the RTTNews article

Blog Widget by LinkWithin

Posted in SEC | Tagged Investigations

« Previous Next »

‘Enforcement 40’ for 2020

Securities-Docket_Medium-Rectangle_CaseStudyArrow

Our Sponsors

Securities-Docket_260x125_14Sec Ankura 260x125

Join Us On LinkedIn

Join the Securities Litigation and Enforcement Group on LinkedIn

Archives

Copyright © 2021 Securities Docket.

Powered by WordPress and Hybrid.