FEDERAL RESERVE BANK OF NEW YORK New York, N.Y. 10045-0001 Thomas eaxren@ny.rna.ona Tomas C. Baxter, JR. January 8, 2010 VIA FEDERAL EXPRESS ‘The Honorable Darrell Issa Ranking Member Committee on the Oversight and Government Reform Washington, D.C. 20515 Dear Ranking Member Issa: T understand that e-mails provided to you recently by AIG have raised questions about the role of Secretary Geithner in deliberations about certain securities law filings. I write to clarify that matters relating to AIG securities law disclosures were not brought to the attention of Mr. Geithner, who was then the president of the New York Fed. In my judgment as the New York Fed’s chief legal officer, disclosure matters of this nature did not warrant the attention of the president. Further, Mr. Geithner played no role in, and had no knowledge of, the disclosure deli- berations and communications referenced in those e-mails. respectfully, hia Thomas C. rd ce: Chairman Townes