BREAKING: AIG Releases List of Counterparties, 65% To Foreign Banks from Firedoglake

from http://firedoglake.com/2009/03/15/breaking-aig-releases-list-of-top-20-recipients-of-bailout-money/

AIG just released its list of counter-parties (recipients of the bailout money that flowed through AIG); there are four nifty charts (PDF).

Here's the take away:

Chart A: $6.2 billion out of $22.4 billion goes to US financial concerns (that we know of--$41 billion is unaccounted for).

Cart B: $10 billion out of $29.6 billion goes to US concerns.

Chart C: $7 billion out of $12.1 billion (with $5.1 billion unaccounted for) goes to US concerns.

Chart D: $14.7 billion out of $43.7 billion goes to US concerns.

By "US concerns" I mean US banks and financial institutions--like Citbank or Goldman Sachs--or to States and municipalities in the US. The rest go to foreign banks, primarily in Europe.

So, out of $107.8 billion of US taxpayer money, only $37.9 is specifically identified as going to US concerns.

We only got 35% of our own money!

I guess the message here is that if AIG fails, it takes down the EU with it.

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