Entries Tagged as 'aig'

Geithner Jibber Jabber

March 3rd, 2010 45 Comments

Stacy Summary: AIG-Geithner. A fictitious trust? Shariah law? Consititutional law? Lots of stuff here.

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AIG’s $150 billion “capital relief” bombshell – CDSs Written to European Institutions to get around capital requirements

February 28th, 2010 71 Comments

Stacy Summary: Looks like a whole lot more financial chaos to come to Europe very soon.

Bombshell in AIG’s 10Q:  “Capital Relief”

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Secret AIG documents show Goldman minted most toxic CDOs

February 23rd, 2010 7 Comments

Stacy Summary:  If you read through the entire article, it it quite clear how Goldman is so profitable.  They are selling faulty products knowingly and can bet against the insider knowledge.  Or, in the case of Greece, they can sell a product that gives them the insider advantage of knowing exclusively of the billions of [...]

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Secret Banking Cabal Emerges from AIG Shadows

January 29th, 2010 48 Comments

Stacy Summary: It wasn’t really all that secret.

Secret Banking Cabal Emerges from AIG Shadows

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‘National Security’ Jibber Jabber

January 25th, 2010 140 Comments

Stacy Summary:  All the laws passed during the national pandemic of fear are being used to protect the select few and to abuse the many.   SEC was asked to treat AIG / NY Fed as matter of national security.

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Goldman’s body count is criminal

December 23rd, 2009 30 Comments

Stacy Summary: As we have said in our radio shows, Goldman basically took out an insurance policy on the US economy and her consumer/citizens and then had every incentive to burn the whole thing down to collect on the insurance money.

Body count from Goldman actions crosses into criminal territory

In addition, the Federal Reserve and [...]

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An Unexpected Plunge, A Starring Role and ‘Charitable’ Bankers

November 18th, 2009 42 Comments

Stacy Summary:  Witness the casino model in the Goldman Sachs / Buffett ‘charitable’ donation . . . you plough $23 trillion into the house slot machine and out comes $500 million in ‘free ‘drinks.

U.S. housing starts unexpectedly plunge in October

Goldman Sachs bankrupted AIG, played starring role in near collapse of global markets

Goldman Sachs & Warren [...]

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Tavakoli: Goldman’s Undisclosed Role in AIG’s Distress

November 11th, 2009 22 Comments

Stacy Summary:  And, of course, Goldman’s undisclosed role will not be examined by Congress or one of the commissions designed to investigate how this ‘mysterious’ financial collapse happened.

Goldman’s Undisclosed Role in AIG’s Distress [PDF]

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Goldman News: Reasonable Doubt, Taking Away Homes & Gaining on CIT

November 2nd, 2009 124 Comments

Stacy Summary:   More forensic examination of Goldman Sachs’ role during the days that its former Chief Executive, Hank Paulson, was bailing out the financial players.  And for these neo-feudal times, here is the Daily Gulag from @adamc

Goldman Sachs:  Reasonable Doubt (Janet Tavakoli)

Sophisticated counterparties like AIG are supposed to protect themselves, and have little chance for [...]

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Timmy & Ben’s 100% AIG payouts

October 27th, 2009 99 Comments

Stacy Summary: Are you surprised?  Negotiating privately with the banks?

Fed authorized 100% AIG payouts on CDS

Beginning late in the week of Nov. 3, the New York Fed, led by President Timothy Geithner, took over negotiations with the banks from AIG, together with the Treasury Department and Chairman Ben S. Bernanke’s Federal Reserve. Geithner’s team circulated [...]

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