SEC mulled national security status for AIG details
U.S. securities regulators originally treated the New York Federal Reserve's bid to keep secret many of the details of the American International Group bailout like a request to protect matters of national security, according to emails obtained by Reuters.
Hmmm.
The New York Federal Reserve Bank asked the Securities And Exchange Commission to treat the discussion of the bailout of A.I.G. as if it were a matter of national security. Evidently, in the name of open and transparent government, the S.E.C. agreed with the Fed Reserve that the bailout of A.I.G. should be hidden away from the public and everyone else except the conspirators involved with the bailout.
The current U.S. Treasury Secretary Timothy Geithner, who was the head of the Fed Reserve at the time of the bailout was quoted as saying "I see nothing, I hear nothing, I know nothing!". Now doesn't that sound like the kind of man we want heading up a government bureaucracy? Don't forget U.S. Treasury Secretary Timothy Geithner's inability to fill out his own income tax return correctly.
Aren't you glad that these are the people and organizations looking out for the citizens of the United States in these troubling times?
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