Bank Official Denies Geithner Role In AIG Disclosure Matter

A top bank official said in a letter to a U.S. lawmaker that Treasury Secretary Timothy Geithner wasn't involved in deliberations between the Federal Reserve Bank of New York and American International Group Inc.(NYSE: AIG) over what the insurer should disclose in regulatory filings.

Thomas Baxter Jr., general counsel at the New York Fed, said in a Friday letter to Rep. Darrell Issa (R, Calif.), a ranking Republican on the House Committee on Oversight and Government Reform, that then New York Fed President Geithner "played no role in, and had no knowledge of, the disclosure deliberations”.