Bernanke "Invites" Full GAO Review Of Fed's AIG Actions

Amazing what a little pressure can do, isn’t it?

In a letter to Gene Dodaro, director of the Government Accountability Office and acting U.S. comptroller general, Bernanke said the Fed would make available “all records and personnel necessary” if the GAO undertook such a review….Bernanke’s letter came after the House passed a bill that would grant new authority to extensively audit the Fed and as Senate lawmakers consider legislation that would strip the agency of its supervisory powers.