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But, the most disgusting "bills" paid by AIG, in my opinion, were the ones they paid to Goldman Sachs, Bank of America, CitiGroup, and a few others. Yes the very same companies to which our government (from here on out, I will use the term lightly, as it doesn't seem able to "govern" anything!) took the liberty of bailing out, along WITH AIG...
That is, AIG paid, according to a report meant for transparency, Goldman Sachs $12.9 billion, Merrill Lynch $6.8 billion, Bank of America $5.2 billion, Wachovia $1.5 billion, Morgan Stanley $1.2 billion, JP Morgan $400 million, among others. The funny thing about this is that ALL these institutions also received bailout money from the "government," as well, so they have now received a double dose! Please tell me I am not the only one to find this utterly appalling! Enough is enough!
On top of that, AIG paid several foreign banks, as well. France's Societe Generale received a whopping $11.9 billion, Deutsche Bank in Germany received nearly that at $11.8 billion. Barclays of England faired well at $7.9 billion and the Swiss UBS received $5 billion, among others...so, our much-needed money is going overseas! Now, granted, it was the dim-witted US financial institutions that caused the global meltdown, but come on! ...
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