I’m actually OK with this one. If the taxpayers are going to be on the hook for the losses, they should get a crack at the upside, too (hopefully there will be an upside). And if that opportunity comes in the form of retail funds created by quality organizations like the Pimco‘s and the BlackRock‘s…so…
Taxpayers
Goldman Sachs is a Charity Case, Too.
This is a very big story and will probably piss off taxpayers like nothing else has thus far. The Wall Street Journal has the list of all the companies that were essentially made whole by the AIG bailout. Basically, these are the firms that were counter-parties in transactions with AIG, the hedge fund that happens…
