Fed's Secret Sale Of AIG Assets To Goldman Criticized As 'Un-American'
The Federal Reserve gave just five banks the chance to bid on $6.2 billion in taxpayer-owned AIG assets before selling them to Goldman Sachs on Wednes...
The Federal Reserve gave just five banks the chance to bid on $6.2 billion in taxpayer-owned AIG assets before selling them to Goldman Sachs on Wednes...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
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...
New York Times | GRETCHEN MORGENSON | Posted 05.25.2011
Since the United States government stepped in to rescue the American International Group in the fall of 2008, Goldman Sachs has maintained that it wou...
HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011
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...
Jeff Muskus | Posted 05.25.2011
Top Goldman Sachs executives said Wednesday they didn't bet against its own mortgage securities clients, defended the firm's relationship with AIG and...
nytimes.com | GRETCHEN MORGENSON and LOUISE STORY | Posted 05.25.2011
Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board officials rejected a propo...
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...
The Huffington Post | Bonnie Kavoussi | Posted 02.10.2012