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Goldman Fueled AIG Binge

|Includes: AIG, Goldman Sachs Group Inc. (GS)

Read this revealing article at The Wall Street Journal (here) by Serena Ng and Carrick Mollenkamp.  It seems that Goldman Sachs (NYSE:GS) was not a victim of AIG misadventures with CDSs, but was the leading perpetrator of the ill-considered actions by the insurer. 

Tom Lindmark has a short article on SA about the WSJ piece here.

Disclosure: No positions in stocks mentioned.