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GS returns the favor - buys RMBS from AIG thru Fed


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#1 dasein

dasein

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Posted 09 February 2012 - 08:40 AM

nice of GS to get bailed by the Fed 100 cents on the dollar with CDS, and now kindly buying back those defaulted RMBS to get it off the Fed's hands - that means they own the RMBS for free, basically...

http://www.reuters.c...E8D89F620120208

CS - who woulda thunk it - and how many others did the same?

http://www.reuters.c...ype=companyNews
best,
klh