Monday, March 16, 2009
AIG did in fact release the list of clients who received large chunks of its government bailout money between September and December 2008. Leading the list: Goldman Sachs at nearly $13 billion: their former or current employees were involved in arranging the AIG bailout. Merrill Lynch got nearly $7 b and Bank of America over 5, meaning their now-combined entity absorbed over $12 billion. And Societe Generale of France and Deutsch Bank of Germany each recieved nearly $12 bllion, Barclay's $8.5 billion, and UBS of Switzerland another $5 bil. 70% of the total went to GS and then the two big French and German banks.