Home › Forums › Financial Markets/Economics › Has Goldman fatally damaged their Franchise? › briansd1 wrote:What isn’t
[quote=briansd1]What isn’t clear to me is how the money AIG received from the government was spent.
If GS held AIG assets but was only paid a little more, then how does the $13 billion add up? And how is that amount included in the total AIG bailout?
I’d like to see a debit and credit accounting of the AIG bailout money.
Interesting indeed.
http://money.cnn.com/news/storysupplement/economy/aig/index.html
if the Goldmanites were so well hedged they wouldn’t have taken a dime from TARP or TALF or all those other ones, and Paulsen wouldn’t have spent august puking in his trash can.
no, Goldman was vulnerable….
they got Paulsen to bail them out.