Famous Corporate Bailouts
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Goldman Sachs

goldman, AIG, goldman sachs, coroprate, bailoutGoldman Sachs’s Global Equity Opportunity Fund partnered with its investors to invest $3 billion into the corporate, which was in troubled waters owing to the loss of 30 percent of its value. Goldman Sachs pumped in $2 billion, while its investors Maurice Greenberg’s C.V. Starr & co. and Eli Broad put in the remaining $1 billion. Overall, Goldman also received $12.9 billion from the U.S. government in the end of 2008 as payment towards then-worthless securities that Goldman held in AIG.

 
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