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Wat. That $12.9 billion wasn't a loan. Maybe AIG paid some back but Goldman Sachs definitely did not. It was an insurance policy, except they (AIG) didn't call
by drumdance 10y ago
Wat. That $12.9 billion wasn't a loan. Maybe AIG paid some back but Goldman Sachs definitely did not. It was an insurance policy, except they (AIG) didn't call it "insurance" because that would have made it subject to regulation.