Was the AIG Bailout a Goldman Bailout by Proxy? [View article]
seems like a reasonable thought...shared loss. No sharing, then why...just another inside deal from my perspective.
On Jul 27 04:05 PM markfl wrote:
> "Of the $52 billion paid to AIG’s counterparties, Goldman Sachs was > the biggest recipient: $13 billion, the entire balance of its claim. > The amount was surprising: Banks like Merrill Lynch that had bought > credit-default swaps from failed insurers other than AIG were paid > 13 cents on the dollar in deals moderated by New York’s insurance > regulator." > > Based upon the fact that GS was made whole (100 cents on the dollar), > I conclude that it was a bailout by proxy. GS should have suffered > some penalty as a result of their AIG exposure and lost a portion > of the $13 billion at risk.
The Mac vs. PC Debate Was Never Clearer [View article]
no no no.... as an owner of both a Mac and a Vista box, I enjoy using my Mac. The windows machine is always going to be taking a dive on one issue or another. I never turn the Mac off.
On Jul 23 04:14 PM GS (not a PHD, so no need to stroke my beard) wrote:
> I don't know,....the article sounds more like Apple bigot cheerleading > than objective analysis. I guess both camps are poorly represented.
Sort by:
Latest | Highest ratedCramer's Stop Trading! The Best Conference Call of the Quarter (12/18/09) [View article]
Economic Recovery? Commodity Charts Don't Think So [View article]
Goldman 'Trading Huddles': Another Term for Market Manipulation? [View article]
Was the AIG Bailout a Goldman Bailout by Proxy? [View article]
No sharing, then why...just another inside deal from my perspective.
On Jul 27 04:05 PM markfl wrote:
> "Of the $52 billion paid to AIG’s counterparties, Goldman Sachs was
> the biggest recipient: $13 billion, the entire balance of its claim.
> The amount was surprising: Banks like Merrill Lynch that had bought
> credit-default swaps from failed insurers other than AIG were paid
> 13 cents on the dollar in deals moderated by New York’s insurance
> regulator."
>
> Based upon the fact that GS was made whole (100 cents on the dollar),
> I conclude that it was a bailout by proxy. GS should have suffered
> some penalty as a result of their AIG exposure and lost a portion
> of the $13 billion at risk.
The Mac vs. PC Debate Was Never Clearer [View article]
On Jul 23 04:14 PM GS (not a PHD, so no need to stroke my beard) wrote:
> I don't know,....the article sounds more like Apple bigot cheerleading
> than objective analysis. I guess both camps are poorly represented.
Inflation vs. Deflation: Pick Your Poison [View article]
Google: The Next Ponzi Scheme to Fail? [View article]
Thanks
Aleynikov's Code Dump Uncovered [View article]
Thanks