Monday, March 16, 2009

$40 Billion in AIG Bailout Money Went to Foreign Banks


AIG has finally disclosed a list of the credit default swap counterparties and buyers of other risky AIG investments who got paid through the AIG bailouts.

The list reveals that foreign banks received more than $405 billion dollars courtesy of the generosity of American taxpayers.

The list includes:

  • Banco Santander
  • Bank of Montreal
  • Barclays
  • BNP Paribas
  • Caylon
  • Credit Suisse
  • Deutsche Bank
  • Dresdner Bank
  • HSBC
  • ING
  • KFW
  • Landesbank Baden-Wuerttemberg
  • Rabobank
  • Royal Bank of Scotland
  • Societe Generale
  • UBS

Your hard-earned money is being shipped abroad through various other programs as well.

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1 comment:

  1. AnonymousJuly 29, 2009 at 9:46 AM

    And now the CROOKS are paying Banks not to make loans to citizens!

    http://www.freedomsphoenix.com/News/054251-2009-07-28-kucinich-the-federal-reserve-is-paying-banks-not-to-make.htm

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