Relevant:
- Banks plan to write off derivatives when a counterparty fails
- Goldman Sachs, Morgan Stanley apply to repay TARP
- LME Said in Talks With Banks to List London Gold Contracts
- CEO Council Demands Cuts To Poor, Elderly While Reaping Billions In Government Contracts, Tax Breaks
- Goldman profits on both AIG's collapse, breakup
2010-01-20 — ft.com
"The Federal Reserve is sitting on billions of dollars in paper profits from its controversial effort to unwind credit insurance contracts that AIG provided to banks such as Goldman Sachs, people familiar with the matter said."
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