May 30, 2012

Edition: U.S.

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Backdoor Bailout

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Goldman Sachs Nets Billions From AIG In New 'Backdoor Bailout'

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Goldman Sachs, Financial Crisis Inquiry Commission, Abacus, Backdoor Bailout, Financial Crisis, Aig, Goldman Sachs Aig, Fcic, Goldman Abacus, Business News

Goldman Sachs collected $2.9 billion from the American International Group as payout on a speculative trade it placed for the benefit of its own accou...

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Backdoor Bailout, Tea Party Fakeout: The GOP's Secret $90 Billion Gift to Wall Street

Richard (RJ) Eskow | Posted 05.25.2011

Read More: John Cornyn, Tea Party, Mark Kirk, Bailouts, Backdoor Bailout, Sallie Mae, Dino Rossi, Tea Party Suckers, Bank Lobbyists, Student Loans, Republican Party, Bank Shills, Politics News

GOP candidates are making a point of running against "bailouts." Yet even as they rail about rescuing big banks, they're working on a plan that would slip those same banks an estimated $90 billion.

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AIG's Former Derivatives Chief Claims He Could Have Gotten Better Deal For Taxpayers Than New York Fed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Aig, Timothy Geithner, New York Fed, Federal Reserve Bank of New York, Wall Street Bailout, Goldman Sachs, Backdoor Bailout, Derivatives, Credit Default Swaps, Video, Business News

AIG's former derivatives chief said Wednesday that taxpayers overpaid Wall Street for their AIG-related holdings, telling a federal investigative pane...

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Goldman Sachs 'Most Aggressive' In Demanding Cash From AIG

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, Goldman Sachs, Aig, Derivatives, Credit Default Swaps, Wall Street Bailout, AIG Bailout, Backdoor Bailout, New York Fed, Timothy Geithner, Joseph Cassano, Fcic, Financial Crisis Inquiry Commission, New Pecora Commission, Phil Angelides, Business News

Goldman Sachs was the "most aggressive" financial firm to demand cash from AIG on what it viewed as souring deals during the financial crisis, the hea...

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Goldman Sachs Told It Was Getting 100 Cents On The Dollar From AIG, Top Exec Says (VIDEO)

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: The Financial Fix, Goldman Sachs, Financial Crisis, Aig, Goldman Sachs Aig, David Viniar, Backdoor Bailout, Timothy Geithner, Sigtarp, Timothy Geithner Aig, Business News

AIG and federal authorities did not negotiate with Goldman Sachs when it came to the firm's controversial $12.9 billion payout from AIG, courtesy of t...

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75% Of Homeowners In Obama's Loan Modification Plan Still Owe More Than Their Homes Are Worth

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Tarp, Wall Street Bailout, Laurie Goodman, Elizabeth Warren, Mortgage Walk Away, Backdoor Bailout, Underwater Mortgages, Richard Neiman, Financial Crisis, Congressional Oversight Panel, Negative Equity, Video, Business News

More than three-quarters of homeowners who have had their monthly mortgage payments reduced under the Obama administration's primary foreclosure-preve...

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Ask Goldman Sachs to Give it Back!

Cenk Uygur | Posted 05.25.2011

Read More: Treasury Department, Synthetic CDOs, Give It Back Campaign, Hank Paulson, Goldman Sachs, Tim Geithner, Protest, Backdoor Bailout, Give It Back, Cds, Aig, Credit Default Swaps, Collateralized Debt Obligations, Facebook, Naked Cds, Business News

When we paid $62 billion to AIG "counterparties," we weren't saving the economy, we were paying off the bookies. The money we gave them didn't go toward saving one house or one mortgage -- it went to Wall Street.

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AIG Bonuses In 2010 Total $100 Million

AP | Posted 05.25.2011

Read More: AIG Bailout, Kenneth Feinberg, Aig Bonuses, New York Fed, Backdoor Bailout, Banks, Aig, Aig 2010 Bonus, Pay Czar, Bonuses, Wall Street, Ken Feinberg, Aig 2009 Bonus, Robert Benmosche, Business News

NEW YORK — American International Group Inc. is set to pay out about $100 million in a fresh round of bonuses to employees of its financial prod...

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Bernanke Is A Political Time Bomb; Stiglitz Says He Would Take Fed Position

Cenk Uygur | Posted 05.25.2011

Read More: Elizabeth Warren, Bill Black, Joseph Stiglitz, Fed, Federal Reserve, Simon Johnson, Ben Bernanke, Wall Street Bailout, Wall Street, Backdoor Bailout, Aig, Politics News

If incriminating documents about Bernanke's backroom dealings with AIG are revealed after Democrats confirm him for another term, the party will have a political fiasco on its hands.

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Goldman Sachs Approached AIG To Scrap Contracts Months Before Being Paid In Full By NY Fed

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

This post has been updated with a quote from a senior Obama administration official. Goldman Sachs approached AIG and expressed its willingness to ca...

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Goldman Sachs Responds To The New York Times

Janet Tavakoli | Posted 05.25.2011

Read More: Socgen, President of the New York Federal Reserve, Timothy Geithner Treasury Secretary, TARP Watchdog, Calyon, Backdoor Bailout, Cdos, The New York Times, Sigtarp, A.I.G., Federal Reserve Bank of New York, Wachovia, Neil Barofsky, Bank of America, Merrill Lynch, Goldman Sachs, David Viniar, Bank of Montreal, Gretchen Morgenson, Credit Derivatives, Lehman, Timothy Geithner, A.I.G. Bailout, Frbny, Lucas Van Praag, Tarp, Lloyd Blankfein Apology, Business News

Did Goldman Sachs dissemble and equivocate in its responses to the New York Times?

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