hooligan

Was the AIG Bailout a Goldman Bailout by Proxy?

so we know that GS got 100cents inthe dollar on its AIG exposure while everyone else got 13 cents. looks to me that GS had to bemade whole. Also..it seems to me that everyone thinks they would be better off without GS around. So let;s see if Goldmans extracts cash of $13bn i.r.o of the $52bn pay off..whilst everyone else gets 13c out of the other $39bn then GS has been paid 87c per dollar more than anyone else. This is fraud. Also..if 13 billion would break GS and presumably GS had other risks too, who else did they "game" with this size of exposure that we aren't hering about. Maybe GS had borrowed from the Government or the other legalised price rigger, the Fed, in transactions that a tax payer would never in a million years be allowed to do. Exactly why are certain people entitled to push around trillions while no-one else is, when they cannot demonstrate value creation..it is not value creation to transfer taxpayer money to a failed institution.