GS has drawn some scrutiny after it was discovered that $13 billion of the AIG-marked government funds actually went to GS. GS was not alone, as Sunday's release of spending details from AIG (NYSE: AIG) showed that Deutsche Bank and Societe Generale also received funds. Of the banks on the list submitted by AIG, GS received the most cash: $12.9 billion. Most of these payments were to compensate for collateral demands from hedges GS purchased from AIG.
Is this Liddy connection simply a coincidence? Perhaps, but I find this story more and more interesting (curiouser and curiouser as Lewis Carroll would say) as more facts come to light. I have a sneaky suspicion that this story may just be the tip of the iceberg.