Treasury: AIG Risk Reduced But Full Recovery for Taxpayers Uncertain
By David Lawder | May 26, 2010
We have updated our privacy policy to be more clear and meet the new requirements of the GDPR. By continuing to use our site, you accept our revised Privacy Policy.
Re: “FED TO GET PAID FIRST”…
Didn’t Goldman Sachs get paid first (read: immediately) while it’s still “uncertain” how much recovery the taxpayers will have (and I read that as “taxpayers should be pretty pessimistic about this whole ‘repayment’ concept and shouldn’t get their hopes up”).
Given the current very justifiable mistrust of both big business and the government, it’s logical to conclude that we’ll never get all of the facts. But both entities talk a really good game.