Fed official alleges Geithner may have alerted banks to rate cut (Alister Bull/Reuters)

Fed official alleges Geithner may have alerted banks to rate cut (Alister Bull/Reuters):
Alister Bull / Reuters:

Fed official alleges Geithner may have alerted banks to rate cut  —  (Reuters) - In the summer of 2007, as storm clouds gathered over the world's financial system, then-New York Federal Reserve President Timothy Geithner allegedly informed the Bank of America and other banks about the possibility …