Congress Exposes Potential Profiteering in AIG's Deals: Delay Enabled Further Cover-Up
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
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.
Janet Tavakoli | Posted 05.25.2011