Calyon

ProPublica's (and NY Times') "Untold" Magnetar Story Creates Excuses for Wall Street and Washington

Janet Tavakoli | Posted 05.25.2011

Read More: Deutsche Bank, Aig, Goldman Sachs, Rmbs, Propublica, Calyon, Cdos, Financial Crisis, Ponzi Scheme, New York Times, Planet Money, This American Life, Wall Street Journal, Magnetar, Wachovia, Business News
Janet Tavakoli

Contrary to recent reports, Magnetar wasn't a previously unknown hedge fund, it did not create the synthetic CDO structure, and the magnitude of its role in the subprime crisis has been overblown.

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One Year Before Crisis, I Told Jamie Dimon and Warren Buffett AIG Had Serious Trouble (and Goldman Sachs Knew Too)

Janet Tavakoli | Posted 05.25.2011

Read More: Cdss, Sec, Goldman Sachs Alternative Mortgage Products, Societe Generale, Calyon, Cdos, Sigtarp, AIG Bailout, Jamie Dimon, Credit Default Swaps, Collateralized Debt Obligations, Wall Street Journal, Cover-Up, Aig, Goldman Sachs, JPMorgan Chase, Cliff Risk, Dear Mr. Buffett, Pricewaterhousecoopers, Warren Buffett, Pwc, Securities and Exchange Commission, David Reilly, Gsamp, Business News
Janet Tavakoli

The mark-to-market losses were just one part of the problem. AIG had a grave problem just from this position alone, and AIG had other serious problems.

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Goldman Sachs Nearly Bankrupted AIG

Janet Tavakoli | Posted 05.25.2011

Read More: Socgen, Cdos, Goldman Sachs, Bank of Montreal, Joe Cassano, Janet Tavakoli, Goldman Sachs Bailout, AIG Bailout, Aig, Credit Crisis, Credit Default Swaps, Wachovia, Calyon, Business News
Janet Tavakoli

Goldman Sachs wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG.

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Treasury Cover-Up of Goldman's Role in AIG Crisis?

Janet Tavakoli | Posted 05.25.2011

Read More: Blackrock, Lloyd Blankfein, Financial Meth Labs, Societe Generale, Calyon, AIG Bailout, Federal Reserve Bank of New York, Fdic, Aig, Goldman Sachs, Stephen Friedman, Henry Paulson, Treasury, Ambac, Abacus 2005-2, Tarp, Davis Square Funding IV, Hot Air Tax, Tourmaline CDO 2005-1, Sca, Politics News
Janet Tavakoli

Goldman paid mega bonuses in past years subsidized by selling hot air. Now it proposes to again pay billions in bonuses based on earnings made possible by taxpayer dollars.

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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
Janet Tavakoli

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

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