[nameless-fool]

Goldman Sachs Group Inc

Their people seem to be everywhere in the government. I thought it was the Chinese that needed to be paid.

[guitarplayer1953]

Well at least all the or most of the off the books black ops got paid for and we sure don’t want to have to drag AIG in and have them account for all that off the books money now do we?

[Wally_Kalbacken]

$hit is about to hit the fan now hitting the fan.

[jd777]

$50 Billion of US taxpayer money (which we have to pay interest on) was handed to AIG who immediately passed it to Goldman and a slew of EUROPEAN banks!

Its a Disgrace!

[tcrlaf]

If I remember the Financial Times articles on this last summer, Bank of China, BNP Bank, and UBS got TARP momney as well.

[jd777]

As the Derivative Crisis unfolds, . I think its important for conservatives to challenge the post industrial society myth that "we don't produce anything anymore"... Except Financial Derivatives, right?

WRONG!

The U.S. is the world's largest manufacturer (not China)

From wikipedia:

Manufacturing USA is the leading manufacturer in the world with a 2007 industrial output of US$2,696,880 millions. Main industries are petroleum, steel, motor vehicles, aerospace, telecommunications, chemicals, electronics, food processing, consumer goods, lumber, mining.

[genghis]

if the average person understood this, there would be riots.
Their money ( oh wait, i forgot, bambi fixed it so the average person doesn’t pay taxes) going to euro fascists.

[familyop]

BUCK STOPS HERE AS AIG BOSS TAKES $1 SALARY

By TOM TOPOUSIS

Last updated: 8:29 am
November 26, 2008
Posted: 2:47 am
November 26, 2008
NY Post

"The cost of the federal rescue of AIG, which nearly collapsed under bad mortgage debt, grew to $152 billion earlier this month. The firm is currently trying to sell off assets to repay part of the federal debt."