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Report Rebuts Goldman Claim.

Authors :
Mollenkamp, Carrick
Ng., Serena
Source :
Wall Street Journal - Eastern Edition. 11/18/2009, Vol. 254 Issue 119, pC1-C4. 2p.
Publication Year :
2009

Abstract

The article discusses a report from the inspector general for the U.S. Troubled Asset Relief Program (TARP) that contradicts previous claims by Goldman Sachs Group Inc. that Goldman faced no material losses in the event American International Group (AIG) collapsed. According to the report Goldman may have substantially over-valued assets it held to protect itself against defaults on insurance purchased from AIG.

Subjects

Subjects :
*DEFAULT (Finance)

Details

Language :
English
ISSN :
00999660
Volume :
254
Issue :
119
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
45229876