Do you consider that a tremendous profit?
You shorted synthetics.
You intended to keep short positions in all kinds of transactions we went into today.
You don't acknowledge it is big time. You said it was, what, a small net short.
You shut down all residential mortgage warehouses.
The bubble burst in 2007. We are looking at the causes of that bubble bursting.
These credit default swaps that you engaged in, these synthetics, in my judgment and I think most people's judgment, do not serve a social p...
But you were paid a whole bunch of money by the Federal Government.
The U.S. Government decided not to allow AIG to default.
If it is not unmanageable for you, it is kind of disgraceful from the taxpayers' point of view that you end up with taxpayers' money which w...
OK. Well, this is a letter that Goldman Sachs sent to the Securities and Exchange Commission on November 7.