4 ms·
According to what authority? Just because you can buy insurance on debt both parties don't even own (simply ridiculous), doesn't mean that the contract wasn't b
by codexon 17y ago
According to what authority? Just because you can buy insurance on debt both parties don't even own (simply ridiculous), doesn't mean that the contract wasn't between AIG and Goldman.
Every news article and writeup has said that there were many CDOs between AIG and Goldman.
http://www.reuters.com/article/newsOne/idUSN1548789520090316 http://www.reuters.com/article/newsOne/idUSN1548789520090316
- anamax 17y agoHey - I didn't say that I agreed with the argument. I even implied that I strongly disagreed. I just pointed out that there are folks who make that argument whenever someone says that the govt covered Goldman's potential losses.
- codexon 17y agoWell you'll have to excuse me because I haven't heard that one before.