2008 Financial Crisis - Goldman Sachs

  • 2009 1204 - Bloomberg - Geithner Slams Bonuses, Says Banks Would Have Failed (Update2), (Goldman Sachs), by Robert Schmidt - 2p
  • Lloyd Blankfein
  • Craig Broderick, Chief Risk Officer
  • Andy Davilman
  • David Lehman
  • "Woody" Sherwood
  • Dan Sparks
  • Fabrice Tourre
    • SEC v. Tourre, U.S. District Court, Southern District of New York, No. 10-03229. ABACUS 2007-AC1, ACA Holdings, Paulson & Co
  • David Viniar
  • CDOS
    • Abacus - C.D.O
    • Davis Square Funding VI - CDO
    • Timberwolf - CDO
      • LC - Heungkuk Life Insurance Co. v. Goldman Sachs Group Inc
        • Heungkuk Life Insurance Co. v. Goldman Sachs Group Inc., 650978/2011, New York State Supreme Court, New York County (Manhattan);
        • and Heungkuk Life Insurance Co. v. Goldman Sachs Group Inc., 11-cv-1856, U.S. District Court, Southern District of New York (Manhattan).
        • "Hungkuk Life"

As Mr. Viniar stated in March 2009:

  • In the middle of September, it was clear that AIG would either be supported by the government and meet its obligations by making payments or posting collateral, or it would fail.
  • In the case of the latter, we would have collected on our hedges and retained the collateral posted by AIG.
  • That is why we are able to say that whether it failed or not, AIG would have had no material direct impact on Goldman Sachs.678 (p176)

678 Goldman Sachs, Overview of Goldman Sachs’ Interaction with AIG and Goldman Sachs’ Approach to Risk Management (Mar. 20, 2009) (online at www2.goldmansachs.com/our-firm/on-theissues/viewpoint/archive/aig-summary.html). <not a working link>

  • 2008 0818 - FCIC - Goldman Sachs Report re: AIG - Company Update - American International Group (AIG) - Neutral - Don't buy AIG: potential downgrades, capital raise on the horizon - 18p