cabanker

Was the AIG Bailout a Goldman Bailout by Proxy?

Keep up the excellent work on GS. I am convinced that if enough investigation is done into Goldman's trading practices during the fall of 08, more will come out. The CDS of every major firm were trading fast and furious with large volume. We all know they were not being used to hedge an underlying positions, but to deliberately bring down the confidence of the market, the equity and ultimately the collapse of some major competitors of GS and Hank Paulson.
At this point only a wonded MS and BAC are left along with JPM. And GS has issued billions in bonds backed by the taxpayers, so they can take home fat bonuses.

The AIG Bailout: Why Was the Onus Placed on Taxpayers?

Am I the only one who questions Paulson's motives of bailing out AIG? From the start I figured Goldman was going to be the largest beneficiary. It's certainly looking that way now.