• Investment Blog (home)
• New Comments Investment Blog RSS Feed

'Goldman's share of AIG bailout money draws fire'

Favorite Posts:
, any: Fendi Heri Yanto

Interact
  • Facebook This
  • Tweet This
  • Post a Blog (Write for us)
  • Ask a Question
      View Questions
6365
Related Ebooks:
6365
Related Resources
6365
Other Resources
6365
Tags
Previous Posts
Blog Roll:

news Goldman's share of AIG bailout money draws fire; Investment Blog
Top Searches: • why is goldman profitable did we need bailout • aig has drawn fire •
Previous (Newer) PostNext (Older) Post

Goldman's share of AIG bailout money draws fire

04/05/09 14:57

Around $90 billion of AIG's bailout funds were handed out to various US and European banks, among which Goldman Sachs Group Inc. got the largest piece of the pie, amounting to around $12.9 billion. This has drawn the fire of many critics due to suspicions of favoritism and conflicts of interests. Then-Treasury Secretary Henry Paulson previously worked as chief executive of the company.

Goldman has always said that it does not need the bailout funds because it was "always fully collateralized and hedged."

So why did it take the AIG funds, anyway?

Link: Goldman's share of AIG bailout money draws fire | Reuters

 

News Digest Blog
Tags: • • • - Permalink
Previous (Newer) PostNext (Older) Post

Comments
Leave a comment:

We welcome your comments on this post in the Investment Blog. That means a comment on this post, not something about some other topic. 

Name:     (required)
Email:    (required, not published)
Comment:
Note: Your comment will be immediately submitted and you will have no opportunity to review to edit it.

It is recommend that you register on Investment Blog and login so you can include full html (ie: links). We don't have a chapta because we think we're smarter than the spambots.



20090405-145743-Goldmans-share-of-AIG-bailout-money-draws-fire

* com * top 100 * 10 * 6365 * Blog * Espanol *

Have you added a link to us from your website? (6365):

  • <a href="http://blog.theinvestmentmachine.com">Investment Blog</a>
news Goldman's share of AIG bailout money draws fire; Investment Blog

Web site copyright (c) 2007-2010 GLR Sales LLC.


Twitter: @goldinvesting -- (rozwqizwpwzwqr)

Privacy & DMCA Policy -- Those who twitter us!
20090405-145743-Goldmans-share-of-AIG-bailout-money-draws-fire aig bailout 'Goldman's share of AIG bailout money draws fire'