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Non-Tech : Derivatives: Darth Vader's Revenge

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To: Hawkmoon who wrote (1277)3/7/2009 2:35:01 AM
From: axial  Read Replies (1) of 2794
 
Hawk, thanks for the reading assignment <g> I'm away for a few days.

On a quick scan my reaction (as opposed to thinking) is to agree with you and Soros.

I'll append the following...

Message 25473636

and...

Top U.S., European Banks Got $50 Billion in 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.

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

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 mid-September and December 2008, according to a confidential document and people familiar with the matter.

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Covered Counterparties

Some banks that were paid by AIG after it was bailed out by the government

* Goldman Sachs
* Deutsche Bank
* Merrill Lynch
* Société Générale
* Calyon
* Barclays
* Rabobank
* Danske
* HSBC
* Royal Bank of Scotland
* Banco Santander
* Morgan Stanley
* Wachovia
* Bank of America
* Lloyds Banking Group


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More: online.wsj.com

Jim
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