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why would you blame goldman sachs for this stuff? Because its as though I bet someone $999 trillion that there would not be an earthquake in California tomorro
by codexon 17y ago
why would you blame goldman sachs for this stuff?
Because its as though I bet someone $999 trillion that there would not be an earthquake in California tomorrow.
Anyone obviously does not have $999 trillion. But instead of eating the losses like any normal business would have to do, they instead tell their friends in the Fed print the money for AIG which AIG then used to pay 100% of their betting losses to Goldman.