2009 the real bailout - work in progress- please help $FNMA $BAC $AIG
BAILOUT FROM FNMA/FMCC
$10.8B from to Bank of America
http://www.thestreet.com/story/11805319/1/bank-of-america-inks-whopping-103-billion-mortgage-settlement.html
BAILOUT FROM AIG
- $13 billion of it went to Goldman Sachs
- $12 billion went to Soc Gen
- $12 billion went to Deutsche Bank
- $9 billion went to Barclays
- $7 billion went to Merrill Lynch
- $5 billion went to Bank of America
http://www.businessinsider.com/henry-blodget-goldman-sachs-wins-big-in-secret-bailout-via-aig-2009-3
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.