AMAZON - Amazing what you can purchase & at great prices too! Links to Amazon UK and Canada

And for those in the US - Amazon Shopping

Saturday, January 30, 2010

How the AIG Bailout Worked


Professor Linus Wilson has put together this helpful chart showing exactly how the bailout went down, complete with which banks got how much.
Two things stand out: The Treasury's overpayment for preferred stock was a crucial part of the bailout, and though Goldman Sachs is usually held up as the bad guy here, SocGen received $2.5 billion more.
Hope the Europeans appreciate your (the taxpayer) ponying up.


No comments: