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Recommend Tim Geithner Admits Banks (And AIG) Were Bailed Out At Rigged Libor Rates, Costing Taxpayers Billions (Email)

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One-minute clip from yesterday of Geithner being questioned by Rep. Hensarling regarding the Fed's and Treasury's decision to use an artificially low Libor as the interest rate on hundreds of billions in crisis loans to AIG and other bailed-out banks.

Full story inside.


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