No Bailouts, Even if Congress Approves Them [View article]
It was my understanding that GS had $20BB+ of exposure to AIG. GS says that was hedged, but by whom -- LEH? If GS did have $20BB of AIG exposure, Paulson may have saved GS.
On Oct 02 06:46 PM Owen wrote:
> Contrary to your claim, Washington didn't keep Goldman Sachs afloat. > Goldman Sachs kept itself afloat. It never asked for any Federal > assistance, nor does it need any.
No Bailouts, Even if Congress Approves Them [View article]
On Oct 02 06:46 PM Owen wrote:
> Contrary to your claim, Washington didn't keep Goldman Sachs afloat.
> Goldman Sachs kept itself afloat. It never asked for any Federal
> assistance, nor does it need any.