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The Goldman Sachs Group, Inc.

Common

AIG

  • Investment Banking
  • Mergers and Acquisitions advice
  • Importing
  • Low Risk
  • Doing great in the respected field
  • Gained from the bailout of AIG (gained $12.9 billion)
  • Fueled the mortgage bets that nearly felled AIG.
  • Publicly traded company
  • Global company
  • Got bailout in 2008
  • PwC as Accountant
  • Focusing on emerging markets
  • One of the best in their respected industry
  • Had complex and substantial financial relationships worth many billions of dollars (insurance claims of $13 billion and a credit line of $85 billion from the FRBNY)
  • Insurance firms
  • Property and Casualty
  • Importing and Exporting
  • High Risk
  • Still recovering
  • Nationalized in 2008
  • Saved Goldman Sachs by providing bailout capitals
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The Goldman Sachs Group, Inc. and American International Group Inc. have many similarities and differences. They both are publicly traded company that survived the 2008 real estate crisis and received governmental bailouts. But Goldman Sachs received great benefits from the bailouts than AIG. Goldman Sachs received $12.9 billion of AIG’s bailouts and a credit line of $85 billion from the Federal Reserve Bank of New York due to AIG’s and Goldman Sachs’ complex and substantial financial relationships. This relationship, fueled by the mortgage bets by Goldman Sachs, nearly felled AIG. Both companies are currently focusing on recovering and redirecting their investments in emerging markets overseas.

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