[quote=briansd1]Allan, despite the technical details, the $13 billion paid to GS came from AIG.
Had AIG been allowed to collapse, there would not have been any money to pay GS. GS would have had to line up in court like everybody else.
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Lawsuits take on lives of their own sometimes. It’ll take about a decade to resolve them all.
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Brian: Wrong. Pure and simple. Goldman was holding IN THEIR POSSESSION nearly $11Bn of AIG CASH AND SECURITIES. Had AIG NOT paid them, Goldman would have simply KEPT those same cash and securities. Nothing technical or esoteric about it.
I know you find facts bothersome and don’t like to answer pointed questions, but, in this case, it is extremely straightforward.
