Analysis: How crucial was AIG's rescue to Goldman Sachs?

03/18/2009 | Wall Street Journal, The

Investors have been wondering what would have happened to Goldman Sachs had the U.S. government not rescued American International Group. AIG was a counterparty with Goldman, insuring against losses on $13.98 billion in collateralized debt obligations held by Goldman. Data released by AIG this week shed some light on the matter but left a few questions unanswered.

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