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Segami

(14,923 posts)
Wed Jul 25, 2012, 08:35 PM Jul 2012

Timothy Geithner: US Knew of LIBOR Issue; Used for AIG




Treasury Secretary Timothy Geithner said he knew of irregularities surrounding the LIBOR rate as far back as 2007, but conceded that the rate was used to help structure the bailout of AIG. (July 27)
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Timothy Geithner: US Knew of LIBOR Issue; Used for AIG (Original Post) Segami Jul 2012 OP
He needs to go Angry Dragon Jul 2012 #1
"conceded that the rate was used to help structure the bailout of AIG"... translation... MrMickeysMom Jul 2012 #2

MrMickeysMom

(20,453 posts)
2. "conceded that the rate was used to help structure the bailout of AIG"... translation...
Wed Jul 25, 2012, 10:57 PM
Jul 2012

We had to keep changing the rate, or everything would INSTANTLY go BOOM!

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