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Henry Paulson Lied to Congress About AIG and Goldman Sachs

Former Secretary of the Treasury Henry Paulson testified before Congress about his role in the bailout of A.I.G. During his July 16, 2009 sword testimony, Paulson said: ?I want you to know that I had no role whatsoever in any of the Fed?s decision regarding payments to any of A.I.G.?s creditors or counterparties.? "Role? is defined as: ?a function or part performed especially in a particular operation or process.? Paulson?s sworn statement was clear. Paulson claimed to have played ?no role whatsoever in ay of the Fed?s decision.? The evidence, however, directly contradicts Paulson?s sworn testimony. Through Freedom of Information Act requests, The New York Times recently obtained substantial information about Paulson?s role regarding the Fed?s payments to A...continue to full post

Full post as published by Crime & Federalism on August 10, 2009 (boomark / email).