Talking about Analysis: The Fed Overpaid Wall Street By $13 Billion (GS, AIG, CS)

 

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Analysis: The Fed Overpaid Wall Street By $13 Billion (GS, AIG, CS)
Some believe the Fed overpaid to the tune of $13 billion when it directed AIG to pay off amounts owed by the insurer to major banks such as Goldman Sachs and Credit Suisse.Despite the fact that AIG originally intended to pay just 40% of the value for certain swaps, AIG under government control ended up paying out the full 100%.

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