Liesman & Kudlow React To The AIG, NY Fed Email Trail

CNBC Video: Steve Liesman & Larry Kudlow discuss Geithner, the Fed, and AIG -- January 7

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The clip improves when Mary Thompson finishes, near the 2-minute mark.  Liesman and Kudlow want to know 'why the NY Fed sought to limit disclosure?"

The answer is obvious.  They were completely aware of their actions; it was a stealth bailout of Wall Street and European banks by U.S. taxpayers, that asked for nothing in return.  No preferred shares.  No warrants.  No equity or debt stake of any sort.  Zip.  Nada.  You paid for it.  And Friedman, Geithner, Blankfein and Paulson made the secret deal and wrote the check.

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Comments

[James H]

I don't live in a glass house. I'll be happy to throw the first stone. Where do I sign up?

[spideydouble]

Every time I see Liesman, I shudder in revulsion. Why he continues to defend these criminal scum is beyond me. Well, actually it is perfectly clear, but you get the point.

[DailyBail]

everytime i see liesman i wonder how he got a job on tv...