28 Jan Rutledge and Raynes Quoted in Financial Crisis Inquiry Commission Final Report
Posted at 05:05h
in Credit Spectrum
The New York Times and Huffington Post quote R&R Consulting principals Sylvain Raynes and Ann Rutledge on the report of the Financial Crisis Inquiry Commission released on January 27. Among the report’s revelations is the finding that some $2.9 billion from the taxpayer rescue of American International Group ended up covering speculative trading by Goldman Sachs, without any proceeds filtering to Goldman’s clients or business partners.
Sewell Chan, “Crisis Panel’s Report Parsed Far and Wide,” The New York Times, January 27, 2011,
Shahien Nasiripour, “Goldman Sachs Got Billions From AIG for Its Own Account, Crisis Panel Finds,” Huffington Post, January 28, 2011