Mish: Bernanke Angry AIG Operated Like A Hedge Fund

03-04-2009 • Michael Shedlock / Mish

Even with that $163 billion going Goldman, Citigroup, JPMorgan or whoever, and even with a further $300 billion in guarantees to Citigroup and another $100 billion in guarantees to Bank of America, the banking system is still insolvent.