Cdss

Congress Exposes Potential Profiteering in AIG's Deals: Delay Enabled Further Cover-Up

Janet Tavakoli | Posted 05.25.2011

Read More: JPMorgan Chase, Cdss, Goldman Sachs, Aig, Sec, Goldman Sachs Alternative Mortgage Products, Cliff Risk, Societe Generale, Cdos, AIG Bailout, Warren Buffett, Gsamp, Jamie Dimon, Credit Default Swaps, Securities and Exchange Commission, Collateralized Debt Obligations, Profiteering Cover-Up, Business News
Janet Tavakoli

Goldman is not solely responsible, but it has a large role in AIG's crisis and a unique position of conflicted interest and influence over the terms of the bailout. Now that the crisis is over, this issue should be reopened.

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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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Defiant Wall Street Welfare Kings Come to Washington

Joseph A. Palermo | Posted 05.25.2011

Read More: Lloyd Blankfein, Goldman Sachs, Bank of America, Brian Moynihan, JPMorgan Chase, Morgan Stanley, Wall Street News, Financial Crisis Inquiry Commission, Cdos, Barney Frank, Phil Angelides, Timothy Geithner, Jamie Dimon, John Mack, Cdss, Business News
Joseph A. Palermo

Geithner has distinguished himself as the Joe Lieberman of the Obama Administration. The "Financial Crisis Inquiry Commission" cannot succeed because the Secretary of the Treasury doesn't want it to succeed.

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