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Publication

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

House Committee on Oversight and Government Reform
Abstract
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.
Date
2010-01-25
Document Type
House Minority Staff Report
Serial Number
Document Length
22 pages
Congress
111
Relation
DOI
Keywords
Staff Reports
PAP Major Code
1: Macroeconomics
PAP Minor Code
104: Monetary Supply, Federal Reserve Board, and the Treasury
Related Hearings
Press Releases and Contextual Information
https://web.archive.org/web/20230614151753/https://oversight.house.gov/report/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/