Barclays: The $7 Billion Counterparty to AIG, Now “Rents” its Credit Rating to AIGFP
www.reuters.com www.bloomberg.com www.reuters.com (A CLIP BELOW) NEW YORK, March 15 (Reuters) – American International Group Inc (AIG.N) disclosed on Sunday that US and European banks have been among the biggest beneficiaries of the up to $180 billion US taxpayer bailout of the insurer. The following lists the payments made to AIG’s securities lending counterparties between Sept. 16 — the date of the initial government rescue — and the end of the year: Institution Amount (in blns) ——————————————- Barclays (BARC.L) $7.0 Deutsche Bank (DBKGn.DE) $6.4 BNP Paribas (BNPP.PA) $4.9 Goldman Sachs (GS.N) $4.8 Bank of America (BAC.N) $4.5 HSBC (HSBA.L) $3.3 Citigroup (CN) $2.3 Dresdner Kleinwort $2.2 Merrill Lynch $1.9 UBS (UBSN.VX) $1.7 ING (ING.AS) $1.5 Morgan Stanley (MS.N) $1.0 Societe Generale (SOGN.PA) $0.9 AIG International Inc $0.6 Credit Suisse (CSGN.VX) $0.4 Paloma Securities $0.2 Citadel $0.2 ——————————————- Total $43.7 bln Source: AIG Song of the day #1 Verdi “La Traviata Prelude to Act 1″ www.youtube.com Song of the day #2 Bach “Harpsichord Concerto No. 5 in F Minor” www.youtube.com
Jay
Terry
AIG…needs a Co-signer to conduct it’s everyday busniness.
Rose
That’s kind of you – on its way.
April
sorry about that….just accepted invite.
Francis
I wanted to send you a link but your message block prevents it…
Albert
Awesome!
Herbert
the unending status quo……
Elaine
Financial Incest — ugh!
Carlos
I look forward to your videos because you do such in-depth research, but I have to admit this type of info makes me want to hole up in a bunker for a few years until this whole thing implodes and the dust settles.
At some point things will simply grind to a halt and there will be a confrontation. It would be nice to believe that it’ll be a peaceful confrontation, but the lack of interest of the “powers that be” in addressing the REAL issues indicates a stubborn desire to maintain their charade.
Josephine
Thank Fal2 for the sub,and you two rock. Im in silver in a few weeks. then come what may. blackrock, bblackwater, XE, no difference, bartilomo is a whore. both for the media and in her personal life. But we forget these things. As was said in Nazi germany, “NEVER UNDERESTIMATE THE HUMANS ABILITY TO FORGET”
Terri
What a nest of snakes.
Thanks, Deb.
Keep those Freudian Slips coming!
Lydia
I have some info on Special Purpose Vehicles overhere, did not had the time to look in to it, but I will and let you know, thanks, this upload is a great direction, this is happening here, I feel the chills, thanks for this pre-excitment
Keith
Hi Davidakz – Try v=WHOujO-Qnlw
If that link doesn’t work, type “20/20 hindsight censorship on the frontline
Hope you find it useful
Anna
rent out credit ratings??? argh! that’s akin to people renting out their FICO scores, which i’m sure would land the little people in jail.
Heidi
There’s no end to the madness. AHHHHHHH!!!
Excellent work as always.
Emma
50 stars
Ashley
Deb , i hope you take some time out to recupe yourself. Otherwise you become to mental. My gal got shingles from stress.
Dustin
Of course the tax payers of Britain and the USA are backstopping this interconnected nonsense.
Sherry
Many of Goldman’s bets with other large US banks raised the price of bailouts of Citigroup, Bank of America, Morgan Stanley and others.
McClatchy obtained previously undisclosed documents that show
a $1 billion transaction that Goldman assembled in early 2006 to receive as much as $720 million from Merrill and other investors if defaults surged in a pool of dicey U.S. residential mortgages.
Securities experts said that deal is headed for a crash likely to cause serious losses for Merrill.
Franklin
You have done it again.*****
Thanks for all the hard work Deb.
Joshua
This is excellent- what great research!
Thanks, Deb
Carlos
@debtruth1 re:database and diagrams from
AgrippasNotebook3336 and an offer to help from DavidAKZ
I for one would love to see some visuals to help understand/connect the dots.
(who((company name)) was whom, when, then what ((company name)), or who/owners.
AIG has a VERY sordid/shady history that few are aware of. NPR ? did a deep story abt them financing, sponsoring, etc., foreign black ops over last few decades.
I dropped my auto ins w/them b/c of that report. year?~?early 2000s.
Carla
ok, can you post a link thanks ?
Stanley
Just sent you a PM on some info on Barclays I’ve saved.
HOW can Barclays have a credit rating worth renting out?!
Sept 16, 09
Lehman Says Barclays Got $5 Billion Discount, Wants Assets Back
bloomberg . com/apps/news?pid=20601087&sid=axX9PCd9qLd
ALSO…..11.1.09…… watch?v=K3SYmqWyoQI
You’ve got a huge job trying to knit this
web together. I appreciate your efforts!
Darren
Hi davidakz – Dodd seems like a bit of a fanny to me. I know what you mean though. I saw a few of these committee things. As long as you remember it’s all a big circus, then you can just watch it for entertainment.
What Deb does is good cos she is trying to build a jigsaw puzzle which interests her.
I think we’ve all got a rough idea by now where the problems originate.
Have a quick look at the vid I mentioned. It might interest you.
Thanks for reply
Cheers
Alfred
excellent – that would be a hearty topic indeed!