Friday, March 06, 2009

WSJ: AIG Aid Went to Goldman, Others

by Bill McBride on 3/06/2009 07:40:00 PM

From the WSJ: Goldman, Deutsche Bank and Others Got AIG Aid

The beneficiaries of the government's bailout of American International Group Inc. include at least two dozen U.S. and foreign financial institutions that have been paid roughly $50 billion since the Federal Reserve first extended aid to the insurance giant.
The WSJ named Goldman Sachs, Germany's Deutsche Bank, Merrill Lynch, French bank Société Générale, Morgan Stanley, Royal Bank of Scotland Group PLC and HSBC Holdings PLC as some of the counterparties that received payouts from AIG.