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Goldman, others get AIG payouts: report
The logo of American International Group (AIG) is seen at their offices in New York in this file photograph from September 18, 2008.
Credit: Reuters/Eric Thayer/Files
NEW YORK |
NEW YORK (Reuters) - Such firms as Goldman Sachs Group Inc (GS.N) and Morgan Stanley (MS.N) were among the financial institutions that received payouts from American International Group Inc (AIG.N) since the Federal Reserve first began to aid AIG, according to the Wall Street Journal.
Citing a confidential document and people familiar with the matter, the Journal said AIG paid at least two dozen U.S. and foreign financial institutions about $50 billion.
Goldman received about $6 billion, as did Germany's Deutsche Bank AG (DBKGn.DE).
(Reporting by Helen Chernikoff; Editing by Gary Hill)
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