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An Entity of Type : prov:Entity, within Data Space : webisa.webdatacommons.org associated with source dataset(s)

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  • involves the bailout of AIG, at taxpayer expense, when those so called negative bets" or "shorts" to Goldman and other Wall Street banks starting to come due and the massive payouts threatened to collapse AIG. Goldman used their influence to ensure that AIG was bailed out with billions of taxpayer dollars, sufficient to pay off on those short bets, one hundred cents on the dollar.
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