last spring:
FOR IMMEDIATE RELEASE
March 26, 2009http://www.house.gov/list/press/md07_cummings/20090326aigcounterparty.shtmlCummings Leads 26 Colleagues in Requesting AIG Counterparty Payment InvestigationWashington, D.C. — This morning, Congressman Elijah E. Cummings (D-Md.) was joined by 26 of his colleagues in sending a letter (text below) to TARP IG Neil M. Barofsky requesting an investigation into AIG’s counterparty payments. Specifically, the Members of Congress want to know what kind of assessments (if any) were made of the health and total exposure risks of the counterparties, as well as whether or not AIG made any attempts to renegotiate the contracts.
Signatories to the Letter:
Elijah E. Cummings (D-Md.), Joe Baca (D-Calif.), Robert A. Brady (D-Pa.), G.K. Butterfield (D-N.C.), Christopher P. Carney (D-Pa.), Yvette D. Clarke (D-N.Y.), John D. Dingell (D-Mich.), Raúl M. Grijalva (D-Ariz.), Maurice D. Hinchey (D-N.Y.), Tim Holden (D-Pa.), Marcy Kaptur (D-Ohio), Mary Jo Kilroy (D-Ohio), Dennis J. Kucinich (D-Ohio), John Lewis (D-Ga.), Eric Massa (D-N.Y.), Kendrick B. Meek (D-Fla.), George Miller (D-Calif.), Eleanor Holmes Norton (D-D.C.), James L. Oberstar (D-Minn.), Donald M. Payne (D-N.J.), Paul Tonko (D-N.Y.), Charles B. Rangel (D-N.Y.), Tim Ryan (D-Ohio), John F. Tierney (D-Mass.), Timothy J. Walz (D-Minn.), Maxine Waters (D-Calif.), and Peter Welch (D-Vtl
The letter from last March to the TARP IG is at above link.
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11-16-09 Audit Faults New York Fed in A.I.G. Bailout
Source: New York Times
Geithner Singled Out In TARP Watchdog Neil Barofsky's Scathing Report On AIG Bailout
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