Did NYFed lose taxpayers billions of dollars on AIG bailout?

NY labor union chief to chair New York Fed
The Federal Reserve Bank of New York has named a top state labor union official its chairman, the bank announced Monday.

New York Fed announces investor advisory group
The Federal Reserve Bank of New York on Friday announced the creation of an investor advisory group, part of its ongoing efforts to closely monitor economic and financial conditions.

A.I.G. Gives Fed Stakes in 2 Units to Cut Debt
Under the deal, A.I.G. will give the Federal Reserve Bank of New York preferred interests in its two largest life insurance units outside the United States.

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