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> Can't speak for MS, but GS was not going bankrupt, they were the only one's who were making money... That's a bit misleading. GS had a huge exposure via AIG.
by nvarsj 12y ago
> Can't speak for MS, but GS was not going bankrupt, they were the only one's who were making money...
That's a bit misleading. GS had a huge exposure via AIG. Many people in the industry think that GS was essentially bailed out via AIG.
- jim_greco 12y agoAbsolutely. The financial system is interlinked. If MS, AIG, Citi, etc. would have gone down then GS wouldn't have survived.