Documents detail $4.3B in Goldman Sachs payouts - Yahoo! Fin

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

International banks and financial companies were indirect beneficiaries of the government s 2008 bailout of American International Group Inc., according to newly released documents.The documents Bad business practices bailed out by socialist leaders in government.

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Goldman coughs up counterparties on AIG hedge-International

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

Morgan Stanley, Citigroup and JPMorgan Chase were among banks that sold Goldman Sachs protection against the risk of a collapse of giant insurer American International Group.

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US Cash for Israeli Settlements

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

Israeli Prime Minister Benjamin Netanyahu may have declared a freeze on new settlements, but construction is continuing in the West Bank and East Jerusalem. Settlers are receiving contributions from American foundations that enjoy tax breaks, including Christian groups that see Biblical prophecies being fulfilled.

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Goldman’s Go-Round

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

First, the $600 million that Goldman paid to British taxpayers is a stark reminder that it is past time for the United States to tax the banks that have gone on to tremendous paydays after being bailed out; $12.9 billion was funneled to Goldman via the bailout of the American International Group alone. Why is Britain ahead of the United States

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AIG to Pay $725M Fraud Settlement with Ohio

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

American International Group, the government supported insurance and financial services company, has agreed to pay $725 million to settle a securities class-action lawsuit with three Ohio public pension funds.

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AIG Faces Lawsuit; Names AIA Head

Wednesday 28th of July 2010 02:32:07 AM
Posted by admin / Under American International Group

Along with the burden of repaying the bailout money, American International Group Inc. (AIG - Analyst Report) agreed on Friday to pay $725 million to three Ohio public pension funds for the settlement of a class action lawsuit, filed with Securities and Exchange Commission in October 2004 over allegations of inflating the claim reserves.

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