Congress forces NY Fed to reveal AIG record
The Federal Reserve Bank of New York was ordered on Tuesday to publish all records of its communication with American International Group (AIG), the insurer it helped pull back from the brink of collapse in September 2008.
After a dispute between Darrell Issa, a Republican politician and the New York Fed escalated, Congress' oversight and government reform committee, of which Issa is a senior member, issued a subpoena demanding the confidential documents. Edolphus Towns, a Democratic congressman
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