Author Topic: Goldman, Deutsche Bank and Others Got AIG Aid. Getting pissed yet?!  (Read 400 times)

Bindare_Dundat

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http://online.wsj.com/article/SB123638394500958141-email.html

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.

Among those institutions are Goldman Sachs Group Inc. and Germany's Deutsche Bank AG, each of which received roughly $6 billion in payments between September and December 2008, according to a confidential document and people familiar with the matter.

Other banks that received large payouts from AIG late last year include Merrill Lynch, now part of Bank of America Corp., and French bank Société Générale SA. More than a dozen firms with smaller exposures to AIG also received payouts, including Morgan Stanley, Royal Bank of Scotland Group PLC and HSBC Holdings PLC, according to the confidential document.

The names of all of AIG's derivative counterparties and the money they have received from taxpayers still isn't known, but The Wall Street Journal has identified some of them and is publishing others here for the first time.

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Slapper

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Re: Goldman, Deutsche Bank and Others Got AIG Aid. Getting pissed yet?!
« Reply #1 on: March 07, 2009, 05:06:51 AM »
And there ain't SHIT you can do about it!

 ;D ;D ;D

I got a bonus.

stormshadow

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Re: Goldman, Deutsche Bank and Others Got AIG Aid. Getting pissed yet?!
« Reply #2 on: March 07, 2009, 07:11:02 AM »
And there ain't SHIT you can do about it!

 ;D ;D ;D

I got a bonus.

Yeah there is.  You can use business entities to reduce/eliminate your tax on your W2 income.

In 2007, I emptied my entire 401k, made about 45k from investments, plus my salary as an engineer.  I was able to zero out all of it and paid no tax except for the 10% penalty on the 401k money.

Bindare_Dundat

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Re: Goldman, Deutsche Bank and Others Got AIG Aid. Getting pissed yet?!
« Reply #3 on: March 07, 2009, 09:47:51 AM »

I got a bonus.

I didn't know getting gang raped in the ass was considered a bonus these days. Whatever floats your boat Slapnuts.

Slapper

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Re: Goldman, Deutsche Bank and Others Got AIG Aid. Getting pissed yet?!
« Reply #4 on: March 07, 2009, 12:44:31 PM »
I didn't know getting gang raped in the ass was considered a bonus these days. Whatever floats your boat Slapnuts.

Lookey heah supermegagringo nothing's gone up my shitcreek in my 30 some odd winters... but if you're willing, interested and got 7 figures to spare anything can be arranged (I'll even provide the paddle).

Geddafuckattaheah!