Goldman Sachs et al have received the brunt of the tongue lashings since AIG disclosed yesterday which financial institutions received payments last fall. And though we would never suggest you throw ire at our favorite midwestern hedge fund, we also don't think it should be left out of the fun.
Citadel Investment Group and Paloma Securities--a branch of Conn.-Based Paloma Partners--were paid $200 million each of taxpayer dollars between Sept. 18 and Dec. 31, according to the list of securities lending counterparties released on Sunday by AIG.
According to the insurance giant, the payments were contractual obligations of AIG under its securities lending agreements.
Two Hedge Funds Among Recipients Of AIG's Bailout Bucks [FINalternatives]