Geithner says was not involved on AIG disclosures

Rueters ^ | 1/14/10 | Rueters

[Nachum]

In his first public comments since e-mails surfaced last week showing the New York Federal Reserve, when he was at the helm, advised AIG not to disclose payments it made to banks after receiving a taxpayer bailout, Geithner said the insurer was legally obligated to make the payments.

"We had no effective legal means to step in and prevent default (of AIG) ... without helping this firm meet all its legal obligations," Geithner told CNBC television.

[Nachum]

The list, ping

Let me know if you'd like to be on or off the ping list

[Dallas59]

Voted in People Magazine as one of the most Beautiful People...

[RushIsMyTeddyBear]

Cue ‘Nathan Thurm’.

[timestax]

HE LIES

[Libloather]

Geithner says was not involved on AIG disclosures

But I bet he knows who was!

[FrankR]

"Geithner says..."

That should be enough right there to stop the reading of this thread...in fact, anything anyone in this administration and congress "says" is probably bull$h!+ stacked high, wide, and deep.

ASSUME it's a lie if a democrat "says" it....

[Attention Surplus Disorder]

Why should he fear lying? There’s no consequence.

[Liz]

Geithner has to be one of the more incompetent Treasury Secretaries and ex-Fed members in recent decades.

As Confuscious say: "Tis better to cultivate an image as a complete ignoramus than to face felony charges for 1st-degree tampering with public records, 1st-degree offering of a false instrument for filing, 4th-degree grand larceny, 1st-degree falsifying of official records, government fraud, collusion, establishing a slush fund for WH insiders, stealing govt money for campaigns of engangered Dems, money-laundering, tax evasion (stolen money is taxable)........which would result in substantial federal prison time without possibility of parole."

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NAIL GEITHNER Contact the IRS Criminal Investigations Division (IRS-CI) (CALLERS CAN REMAIN ANONYMOUS)
> To report suspected tax fraud activity, Tel toll-free 1-800-829-0433
> To report suspected tax law violations, Tel toll-free 1-800-829-0433

MISSION STATEMENT The IRS-CI mission is to follow the money. No matter the source, all income earned, both legal and illegal, has the potential of becoming involved in crimes. The IRS-CI utilizes the broad authority of Title 26 and 31, tax, currency reporting and forfeiture and Title 18 money laundering, conspiracy and forfeiture to identify, investigate and prosecute the most significant tax, currency and money laundering offenders; and to pursue the assets of those offenders both domestically and internationally for criminal tax and asset forfeiture purposes.

Contact the IRS when you suspect :
> Abusive Tax-exempt Non-profit Schemes
> Unscrupulous Tax Return Preparers
> Frivolous filers/non-filers who challenge the constitutionality of the American tax system
> Income Tax Evasion
> Failure to File
> Filing False Returns
> Employment Tax Cases
> Claims for Fraudulent Refunds
> Illegal Source Financial Crimes (Money obtained illegally or through fraud)
> Narcotics Related Financial Crimes
> Money Laundering

The IRS is also interested in leadership and members of groups involved in tax, money laundering, or currency violations and persons engaged in fundraising activities using tax exempt organizations, and complex, extensive or convoluted financial transactions.

[ColdOne]

Asked by CNBC whether he had ever considered resigning, Geithner said: "That's a judgment the president has to make. As long as I have a chance to help him ... fix these problemssteal money for our buddy's, I'll be honored to do it."

[verity]

The personification of deceit.

[Pelham]

He knew.

[cranked]

Geithner, you lied about your tax evasion practices, you are no doubt lying now....fact.