At a roundtable discussion on Friday in Scranton, Pennsylvania, U.S. Senator Bob Casey (D-PA), Chairman of the Joint Economic Committee (JEC) unveiled...
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What was the nature of the exchange of information between Paulson and Blankfein and/or their staffs, and what impact might it have had on Goldman's intransigence vis a vis A.I.G.? We should all be told.
Did Goldman and the other banks know for certain that the bankruptcy of AIG was no longer a risk for them? That the Fed and Treasury were now irrevocably committed to saving AIG?
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