GS, AIG i TARP

[stoje_i_patrze]

Report Rebuts Goldman's Claim on AIG
For more than a year, Goldman Sachs Group Inc. has maintained that it wouldn't
have suffered material losses had the government allowed one of its major
trading partners, American International Group Inc., to collapse.

A government report throws cold water on that claim.

Goldman was among the largest beneficiaries of a decision by the Federal
Reserve Bank of New York to bail out insurer AIG in September 2008 at the
height of the financial crisis. The Fed agreed to pay Goldman and 15 other
banks, in full, for $62 billion of insurance contracts they had with AIG to
protect against price drops of mortgage securities they held.
Deal Journal
The report, issued this week by the special inspector general for the Troubled
Asset Relief Program, comes amid controversy over whether the government
unfairly helped out big banks in its bailout of AIG. The government auditor's
report broadly found that the New York Fed left itself little room in
negotiating with the banks for a better deal for taxpayers.

online.wsj.com/article/SB10001424052748704538404574542192562568738.html
(przez news.google.com pelna wersja)
Revisiting a Fed Waltz With A.I.G.
A RAY of sunlight broke through the Washington fog last week when Neil M.
Barofsky, special inspector general for the Troubled Asset Relief Program,
published his office’s report on the government bailout last year of the
American International Group
www.nytimes.com/2009/11/22/business/22gret.html?_r=1
Very Abbreviated Takedown on SIGTARP Report on AIG CDS Payouts
Dear sports fans, your humble blogger, along with a ton of others, got the
not-very-embargoed copy of the SIGTARP report on the New York Fed’s conduct
with respect to its full payout on AIG’s credit default swaps to its
counterparties.
www.nakedcapitalism.com/2009/11/very-abbreviated-takedown-on-sigtarp-report-on-aig-cds-payouts.html

[stoje_i_patrze]

i jeszcze to:
www.cjr.org/the_audit/the_backdoorbailout_report_cov.php

[wolo]

Moim osobistym zdaniem bail out AIG jest czymś, co może pretendować
do roli skandalu tysiąclecia znacznie bardziej niż skandal z global
warming. Prawdę powiedziawszy trudno jest mi wyobrazić sobie coś
takiego w Polsce, nie jesteśmy jednak bananową republiką jaką, jak
się okazuje jest USA. Z dużym zainteresowaniem obserwuję teraz
nabierający pewnego momentum ruch przeciwko FED i przeciwko
Geithnerowi. I wydaje mi się, że to dopiero początek.