"...When the earthquake hit toxic securities, the insurer, AIG, couldn't pay up.And, for the "social media"-deprived, from www.urbandictionary.com:Normally, that would result in the insurer going bankrupt, an orderly proceeding in bankruptcy court to distribute AIG's assets, and Goldman recovering only a portion of the insurance payout on the crappy products.
But instead of AIG going bankrupt and Goldman taking a hit, the U.S. taxpayer made good on AIG's securities insurance. In a deal arranged by former Goldman CEO and current Obama BFF, Hank Paulson, Goldman ended up being paid -- by you -- an astonishing 100 cents on the dollar.
So Goldman CEO Lloyd Blankfein's boast that his firm didn't want TARP money and has paid it all back is completely irrelevant. Goldman took billions of dollars -- that's millions with a 'b' -- of the AIG bailout money.
How about paying that back?" - Ann Coulter
BFF stands for "Best Friends Forever."An abbreviation mostly written on binders or notes by girls in grade school, however, over the last few years, people who use to use the term in grade school have actually started saying it, typically in a joking manner, to mean a close relationship with someone.
OMG Wendy is so cool, we are totally BFFs now.
Har, great post!