Federal Government May Lose Billions on AIG

A.I.G. paid Goldman Sachs and others in full, the money it owed on the dumb credit default swaps it wrote.....with taxpayer dollars. How did Goldman get in a position to structure the taxpayer payoff deal? Former Goldman Sachs CEO Hank Paulson was the Bush administration Treasury secretary. He urged the government to step in.  Read here:

Federal Government May Lose Billions on AIG