Timothy Geithner News

Unfamiliar Fed Saw ‘Exceptional’ Risks in AIG Situation, Says Geithner

American International Group Inc.’s unique set of risks was seen by one of the primary orchestrators of its rescue as requiring tough conditions that included the government’s taking most of the insurer’s stock. The fight over whether those terms were …

Geithner Testifies He Was Responsible for AIG Loan Rate

Timothy Geithner backed away from two of his more provocative assessments of the 2008 bailout of American International Group Inc., in a day of courtroom testimony marked by careful answers and a lack of recollection about the details of the …

Trial Over Greenberg’s Challenge to AIG Bailout to Get Underway

One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in fact, legal. …

Geithner Rejects Greenberg Bid for Draft of Book on AIG Bailout

Former Treasury Secretary Timothy Geithner joined the Federal Reserve Bank of New York in declining to give drafts of a book he’s writing to Maurice “Hank” Greenberg for Greenberg’s lawsuit challenging the government’s bailout of American International Group Inc. Greenberg …