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Things That Would Have Made For A Nice Alternate Post-Financial Crisis Universe

Lloyd Blankfein running AIG.

Today in court, prosecutors walked us through the dream, courtesy of a recorded conversation between former Goldman board member Rajat Gupta and Raj Rajaratnam.

Raj Rajaratnam: I called you because there’s a rumor that Goldman might buy a commercial bank.

Rajat Gupta: There was a big discussion, a divided discussion, at a board meeting. More people were saying why, because it’s a low return business… but it may be interesting to develop a deposit base which is a low cost source of funding. Not that we’re having trouble raising funding…

Rajat Gupta: AIG was in the discussion mix… there’s some value there, with AIG or Wachovia.

Goldman Sachs Considered Buying AIG In 2008 [NetNet]

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116 Responses to “Things That Would Have Made For A Nice Alternate Post-Financial Crisis Universe”

  1. Oswald Gruebel says:

    UBS being disbanded

  2. Oswald Gruebel says:

    UBS being disbanded

  3. Oswald Gruebel says:

    UBS being disbanded

  4. Oswald Gruebel says:

    UBS being disbanded

  5. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  6. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  7. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  8. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  9. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  10. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  11. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  12. Gscrot says:

    This proves Raj is innocent. GS would never buy a US Govt conduit that was shovelling money through it to pay for the upside down CDS.

    -John Dowd

  13. Derp says:

    Bobby Benmosche running Goldman

  14. guest says:

    Free lap dances for everyone who had to take a pay cut.

  15. Louis Winthorpe III says:

    My God! The Dukes are going to corner the entire frozen orange juice market!

  16. Hank Paulson & Robert K. Steel says:

    We were never seriously looking at Wachovia. I mean Goldman, did I say we?

  17. Bear Energy Alumni says:

    Bear’s survival and JPM’s failure.

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