Void Payout to Non-Debt Holders of CDSs [View article]
Goldman Sachs called their bookie (AIG) made a bet. AIG covered the bet and lost. Res ipsa loquitur. Instead of being an insurance company they became bookies and we are going to pay for it . The AIG traders should be going to jail.
Void Payout to Non-Debt Holders of CDSs [View article]