Judge Andrew Napolitano explains the legal ramifications behind the emails between the Federal Reserve and AIG.
Lawyers with the Fed told AIG to withhold details of the money being lent to AIG, becasue AIG was handing billions over to Goldman Sachs.
The upsetting part in this is, as the Judge puts it, “If they just kept if from the public, there is no crime and Geithner may actually be commended for his political wisdom. If it was required to be reported in a document and not accurately reported, that would be the criminal event.”
Sneaking billions to the worlds richest investment bank is only considered a crime if the paperwork wasn’t filled out properly.