RK

Questions Remain on Goldman Sachs / AIG Bailout

Instead of guessing, would it not be possible to interview someone who left GS in the last year and who may be in a position to know the truth? Most of the SA comments and articles contain at best educated guesses and very little true operational knowledge contributed from within the GS complex.

Writing Naked CDS: When Murder (and Betting on It) Is Legal

What is the difference between buying naked CDS and buying naked puts? You seem to be saying that someone is making a lot of money and therefore there must be something wrong with it.

AIG: Hardly a 'Bailout', Absolutely Necessary

AIG did not have to accept the government's term if it had an alternative, one would think. Given the high interest rate AIG accepted, the deal was the last resort. What I don't understand was why AIG did not choose chapter 11. Did the company not do it because of the greater good? Hard to imagine.