To: Laissez-faire capitalist
"During the financial implosion of 2008, Goldman Sachs was not bailed out directly by taxpayers, but instead received tax dollars as a creditor of AIG. Goldman received $12.9 billion in the "backdoor bailout" because of the credit default swaps it owned that AIG insured. Goldman and other of AIG's counterparties were paid by the government 100 cents on the dollar in this bailout, wheras creditors in bankruptcy court often get less than 50 cents on the dollar. "
This garbage is just commie propaganda. And FR is full of it.
posted on 04/19/2010 8:07:08 AM PDT
To: TopQuark; All
Since you provided no objective, veifiable to back up your assertions, what you said is propaganda and perhaps commie propaganda at that.
You must provide some evidence to back up your assertions. Ad Hominem attacks will never suffice.
Yeah, this man from the CEI is a freal commie alright. The CEI is known for their commie tendencies. LOL.
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