Read more Federal Reserve Bank of New York stories on Newserhttp://www.newser.com/taggrid/23065/federal-reserve-bank-of-new-york.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 9:42:18 CSThttp://www.newser.com/story/74200/fed-report-rakes-geithner-over-aig-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTim Geithner did a lousy job of looking out for the interests of taxpayers during the AIG bailout last year, according to a report from a federal oversight group. Geithner, then head of the Federal Reserve Bank of New York, made no attempt to renegotiate AIG's debts, effectively giving the...http://www.newser.com/story/74200/fed-report-rakes-geithner-over-aig-bailout.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 17 Nov 2009 4:18:00 CSThttp://www.newser.com/story/57016/polo-horses-owner-also-mysterious.html?utm_source=syn&utm_medium=rss&utm_campaign=tagExactly what killed 21 polo horses in Florida is not known, but details of their enigmatic owner are emerging in spades. Victor Vargas has succeeded at the tricky proposition of banking in Hugo Chavez’s Venezuela, and tried the US market—with less-than-stellar results. In 1993, he had to settle with...http://www.newser.com/story/57016/polo-horses-owner-also-mysterious.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 23 Apr 2009 12:15:19 CDThttp://www.newser.com/story/55210/at-ny-fed-geithner-saw-risk-didnt-act.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTimothy Geithner spent a lot of time thinking about the derivatives trade as president of the New York Federal Reserve—in 2005 he convinced banks to digitize the market, making it far more efficient. But he never convinced them to scale back risk and never exercised his powers to force...http://www.newser.com/story/55210/at-ny-fed-geithner-saw-risk-didnt-act.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 03 Apr 2009 10:35:38 CDThttp://www.newser.com/story/53751/geithner-swinging-in-wind-after-fed-drops-aig-ball.html?utm_source=syn&utm_medium=rss&utm_campaign=tagOfficials at the Fed knew about AIG's plan to award $165 million in bonuses for months but failed to tell the Obama administration, reports the Washington Post . Treasury Secretary Tim Geithner said this week he was "stunned when I learned how bad this was"—belatedly on March 10—and regretted...http://www.newser.com/story/53751/geithner-swinging-in-wind-after-fed-drops-aig-ball.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 19 Mar 2009 8:35:27 CDThttp://www.newser.com/story/43599/wall-streeters-question-geithners-role-in-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMarkets surged yesterday when Barack Obama announced that Timothy Geithner would become treasury secretary as part of an all-star economic team. But Wall Street actually harbors some skepticism about Geithner, writes Andrew Sorkin in the New York Times . As chair of the New York Fed, Geithner was the point man...http://www.newser.com/story/43599/wall-streeters-question-geithners-role-in-crisis.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 25 Nov 2008 8:51:45 CSThttp://www.newser.com/story/39479/federal-reserve-to-give-aig-another-378b.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThese days, $85 billion just doesn't go as far as it used to. The Federal Reserve said today it will provide AIG with an additional $37.8 billion to help the beleaguered insurance giant out of its liquidity mess, Bloomberg reports. The money is on top of the massive loan...http://www.newser.com/story/39479/federal-reserve-to-give-aig-another-378b.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 08 Oct 2008 18:25:25 CDThttp://www.newser.com/story/37341/fed-holds-crisis-talks-on-lehman-with-top-bank-execs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe New York Fed called an emergency meeting of Wall Street heavyweights last night to try to avert a collapse of Lehman Brothers, the Wall Street Journal reports. Top execs of all the big financial firms were urged by NY Fed Chief Timothy Geithner to work together to save the...http://www.newser.com/story/37341/fed-holds-crisis-talks-on-lehman-with-top-bank-execs.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSat, 13 Sep 2008 6:39:42 CDThttp://www.newser.com/story/30374/paulson-seeks-expanded-fed-powers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTreasury Secretary Henry Paulson today will urge Congress to broaden the Federal Reserve’s oversight role on Wall Street, giving it the authority to demand data from financial institutions to help prevent incidents like the Bear Stearns collapse. Any major change in regulatory authority would have to be approved by Congress,...http://www.newser.com/story/30374/paulson-seeks-expanded-fed-powers.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 19 Jun 2008 6:39:46 CDThttp://www.newser.com/story/21616/bear-bailout-invites-the-bears.html?utm_source=syn&utm_medium=rss&utm_campaign=tagNews of the Bear Stearns bailout triggered a sell-off today as investors were reminded that the true depth and breadth of current credit problems remains uncertain, the Wall Street Journal reports. Bear Stearns stock closed at 30, down a breathtaking 47.4% on the day. The Dow fell 194.65...http://www.newser.com/story/21616/bear-bailout-invites-the-bears.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 14 Mar 2008 15:40:00 CDT