TIMMY'S SECRET BARGAINS

BANZAI7 NEWS--The Federal Reserve Bank of New York, then led by current Treasury Secretary Timothy ("Transparent") Geithner, told American International Group Inc. (AIG) to withhold details from the public about its payments to banks at the height of the financial crisis, Bloomberg News reported Thursday, citing e-mail exchanges between the insurer and regulator.

A draft of a December 2008 regulatory filing said that AIG paid banks 100 cents on the dollar for credit-default swaps they bought from the firm, the report said. However, the regulator crossed out the reference and AIG then took it out of the filing before making it public, Bloomberg said citing the e-mail exchange.