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Geithner Faces More Questions on Libor

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  • Description

    FBN's Peter Barnes on Timothy Geithner's second day of questioning over the Libor scandal.

  • Duration 1:15
  • Date

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Treasury Secretary Tim Geithner facing more questions about the -- scandal on Capitol Hill.

He said he doesn't know whether American banks were involved Peter burns has the latest from Washington Peter.

-- -- one Republican senator asked Geithner that very question about Citigroup Bank of America JPMorgan Chase the three US banks.

That participate in setting live burn -- participating in it back in 2008 when all this alleged -- my.

Alleged manipulation the ventilation was reported.

Now Geithner said he did not know if those three banks were involved the senator then suggested that someone.

Who was baby sitting right in front of them dropped the ball if he did not have an answer to that question for years after learning about Libor manipulation take a listen.

If you look at across history -- -- teams take a lot of time if -- very carefully.

You -- -- as they were able to take four and a half years and we don't know as we sit here today even I think that the Bank of America -- JPMorgan.

A -- involved in the site and have yet to address that to them.

And -- them Geithner was -- referring to the CFTC.

And the Department of Justice which are still investigating all of this including the US banks Melissa.

Alright Peter.

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