B2B sfyh.comIn a sign of the White House’s level of worry, a vacationing President Barack Obama held a conference call with top advisers, including Treasury Secretary Timothy Geithner and National Economic Council Director Larry Summers, about the recent soft data.
“The economic team provided an update on the next steps to keep the economy growing, including assistance [...]
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Goldman defends its collateral calls to AIG
Goldman Sachs said that it believed its trades with the bailed out insurer AIG during the financial crisis were accurate and its collateral calls made to AIG were reflective of the conditions in a deteriorated market.
In a response submitted to the Financial Crisis Inquiry Commission (FCIC) on July 28, [...]
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Panel to grill Goldman and AIG on ties to crisis
Goldman Sachs and bailed out insurer American International Group face a rough two days of questioning about the destructive relationship that contributed to the 2008 financial crisis.
The Financial Crisis Inquiry Commission will zero in on the ties between Goldman Sachs and AIG, and how the two [...]
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