Wednesday, May 20, 2009
No losses for Goldman Sachs on derivative contracts
MarketWatch: No forcing haircuts on AIG counterparties:Geithner
The financial system still cannot withstand the failure of AIG, he said. Geithner's answer did not mollify Democrats or Republicans on the panel, who are outraged over reports that major financial institutions, including Goldman Sachs, did not take any losses on their AIG derivative contracts.
Posted by devo @ 06:38 PM (318 views) Add Comment
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