[lbo-talk] Are AIG employees using bailout money to pay selected off counterparties in order to get jobs with them?

Doug Henwood dhenwood at panix.com
Sat May 9 04:18:23 PDT 2009

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That's a market rumor. Not "paying off" but unwinding trades at prices unfavorable to AIG and favorable to the counterparties. "Unfavorable to AIG" = the gov picks up the tab. Dunno if this is true, though.

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