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a request by AIG to keep secret an exhibit to a year-old regulatory filing that includes some of the details on the most controversial aspect of the AIG bailout

Said request reported to have originated from The New York Fed under Geithner, who, according to Fed staff, was not informed of the request. (Per Salon post on Jan 10.) Congressman Ed Townes has issued a subpoena to the NY Fed in this regard.
 

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jan 13th, 2010 at 08:37:33 PM EST
[ Parent ]
At the end of the day --a phrase to nominate to the Banned Words List-- Shapiro is Obama's appointment and PWG designee; the administration sanctioned this FOIA embargo, making the current finance hearings and Rep. A. Townes' FRB subpoena a farce of epic proportions.

You will recall the series of Congressional committee subpoenas issued prior and perhaps conclude, regardless of president the order is unenforceable. I would be amazed if the House sued the SEC -- although I could readily, inevitably imagine SCOTUS deciding standing.

The situation is fucked up. The people must act accordingly. To my mind, how we act --long-, medium-, or short-term, coordinated or anarchical-- isn't important so long as we do. Run the motherfuckin train off the track.

Any way is ultimately determinative. I trust my neighbors before a golum fuck.

Good or bad I can live with. Sleeze, not so much.

Diversity is the key to economic and political evolution.

by Cat on Thu Jan 14th, 2010 at 01:57:45 AM EST
[ Parent ]
The sooner this sucker is crashed the better. I would hope that something stronger than the impersonal imperfect would be warranted, such as: The sooner WE crash this sucker the better, but I fear it won't be. But Ron Paul is my new friend.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Jan 14th, 2010 at 11:29:57 AM EST
[ Parent ]
Fine. Experimentation is a good thing. I'd like to see turnover in both chambers at federal level every single election from now until the day I die. I've been doing my part since 2006. So I say, try, try, try 'til we get it right.

Diversity is the key to economic and political evolution.
by Cat on Fri Jan 15th, 2010 at 10:49:49 AM EST
[ Parent ]

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