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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.

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