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Re: bulldzr post# 96421

Friday, 04/09/2010 2:58:37 PM

Friday, April 09, 2010 2:58:37 PM

Post# of 577314
The really disgusting part was Goldman was willing to take much less that 50% on the dollar as their bet with AIG were not asset backed derivitives for the most part but just walking up to the betting window and saying these bonds are going down.

The Feds and Geithner payed them 100% - $14 billion through AIG and another $12 billion in direct funds.


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