[utahagen]

Here's more: at least one bank participating in TARP sent an email out to its NYC employees BEFORE the photo op, telling everyone exactly what would happen with the plane and assuring them there would be nothing to worry about. I emphasize that this email went out BEFORE the exercise, which is why employees were surprised later in the day when they learned how frightened many New Yorkers had been. Why was a TARP bank told about this, while Mayor Bloomberg was not?

[Carley]

Which bank?

[Protect the Bill of Rights]

I hope a copy of that email surfaces soon.

[livius]

The TARP aspect probably means it would have had more contact with government officials, but I doubt the bank was officially informed.

I bet that it was simply that some exec at the bank had a friend in DC who tipped him off, and the exec either didn’t know or didn’t care that he wasn’t supposed to warn the bank’s staff.

[Proud_USA_Republican]

Let me guess. JPMorganChase and/or Goldman Sachs.

[Scotswife]

“Why was a TARP bank told about this, while Mayor Bloomberg was not?”

My best guess is Geitner knew about it and happened to mention it in passing to some other admistration official.
And it may be possible (slightly) that someone stopped to think “hmmm...how might this look to my buddies in NYC early in the morning on a nice sunny day?”
And that person might have been the ONLY one in DC to have the common sense to send a headsup to his/her friends so they wouldn’t have heart attack on their way to work.