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briansd1.
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October 19, 2009 at 4:09 PM #471870October 19, 2009 at 4:10 PM #471036
ucodegen
ParticipantArrest them, I could care less. There all worthless.
Unfortunately, being a Congressman/woman.. they have Congressional immunity (sick)..
October 19, 2009 at 4:10 PM #471216ParticipantArrest them, I could care less. There all worthless.
Unfortunately, being a Congressman/woman.. they have Congressional immunity (sick)..
October 19, 2009 at 4:10 PM #471575ParticipantArrest them, I could care less. There all worthless.
Unfortunately, being a Congressman/woman.. they have Congressional immunity (sick)..
October 19, 2009 at 4:10 PM #471653ParticipantArrest them, I could care less. There all worthless.
Unfortunately, being a Congressman/woman.. they have Congressional immunity (sick)..
October 19, 2009 at 4:10 PM #471875ParticipantArrest them, I could care less. There all worthless.
Unfortunately, being a Congressman/woman.. they have Congressional immunity (sick)..
October 19, 2009 at 4:21 PM #471041Arraya
Participant[quote=ucodegen]
Goldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds%5B/quote%5DSemantics, it all came from the taxpayer. Specifically, the AIG went directly from Tarp to Goldman. Oh, but it was default swaps so it’s ok????
October 19, 2009 at 4:21 PM #471221Participant[quote=ucodegen]
Goldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds%5B/quote%5DSemantics, it all came from the taxpayer. Specifically, the AIG went directly from Tarp to Goldman. Oh, but it was default swaps so it’s ok????
October 19, 2009 at 4:21 PM #471580Participant[quote=ucodegen]
Goldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds%5B/quote%5DSemantics, it all came from the taxpayer. Specifically, the AIG went directly from Tarp to Goldman. Oh, but it was default swaps so it’s ok????
October 19, 2009 at 4:21 PM #471658Participant[quote=ucodegen]
Goldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds%5B/quote%5DSemantics, it all came from the taxpayer. Specifically, the AIG went directly from Tarp to Goldman. Oh, but it was default swaps so it’s ok????
October 19, 2009 at 4:21 PM #471880Participant[quote=ucodegen]
Goldman owes more than Tarp.
$10 Billion in TARP
$11 Billion from the Fed
$30 Billion from the FDIC
$13 Billion from AIGThis reference is not accurate. The only thing that they can be ‘claimed’ to owe is from the Fed.
10Bil TARP was repaid.
FDIC is an insurance product paid by Goldman.. and FDIC got called on and owed.
AIG was for Credit Default Swaps… remember there is counterparty risk on CDSs. Someone is insuring that the loan does not go bad. Goldman recognized that mortgages were starting to go south and got rid of whatever toxic product they could followed by insuring the rest.
Bailout links
http://bailout.propublica.org/main/list/index
http://bailout.propublica.org/main/list/refunds%5B/quote%5DSemantics, it all came from the taxpayer. Specifically, the AIG went directly from Tarp to Goldman. Oh, but it was default swaps so it’s ok????
October 19, 2009 at 4:29 PM #471051ParticipantIf it was not for the Fed taking over the MBS market with their trillion $+ swap program they would ALL be kaput. So they all get billions of dollars in bonuses of freshly printed money. I’m not sure how those swaps affect the tax payer but it still stinks. Their main product they have NO market for and they get to pretend that their business is still real. It’s not, it’s a phony as there books.
October 19, 2009 at 4:29 PM #471231ParticipantIf it was not for the Fed taking over the MBS market with their trillion $+ swap program they would ALL be kaput. So they all get billions of dollars in bonuses of freshly printed money. I’m not sure how those swaps affect the tax payer but it still stinks. Their main product they have NO market for and they get to pretend that their business is still real. It’s not, it’s a phony as there books.
October 19, 2009 at 4:29 PM #471590ParticipantIf it was not for the Fed taking over the MBS market with their trillion $+ swap program they would ALL be kaput. So they all get billions of dollars in bonuses of freshly printed money. I’m not sure how those swaps affect the tax payer but it still stinks. Their main product they have NO market for and they get to pretend that their business is still real. It’s not, it’s a phony as there books.
October 19, 2009 at 4:29 PM #471668ParticipantIf it was not for the Fed taking over the MBS market with their trillion $+ swap program they would ALL be kaput. So they all get billions of dollars in bonuses of freshly printed money. I’m not sure how those swaps affect the tax payer but it still stinks. Their main product they have NO market for and they get to pretend that their business is still real. It’s not, it’s a phony as there books.
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