Accounting for $105 Billion of US Taxpayers’ Dollars to AIG

Table 1: Shows where US taxpayers' money went

	Payments made to Parties Overseas and within USA	Amount Paid in Billons of US Dollars
	Payments to Overseas Parties	$57.8
	Payments to Parties in USA	$38.2
	Unknown	$9.4
	Grand Total	$105.4

 

Table 2: Shows major expense categories of US taxpayers' bailout funds to AIG

	Key Payment Categories	Amount Paid in Billons of US Dollars
	Collateral Obligations	$22.4
	Maiden Lane III (owned by Federal Reserve to buy back CDOs)	$29.7
	To Municipalities, etc. for GIA	$9.5
	Securities Lending	$43.8
	Grand Total	$105.4

 

Table 3: Shows details of how AIG used $105 billion dollars of US taxpayers' money? We are still awaiting accounting for $68 billion dollars.

	Details of Payments by AIG	Amount Paid in Billons of US Dollars
	Payments to Overseas Parties	$57.8
	Societe Generale	$11.9
	Deutsche Bank	$11.8
	Barclays	$8.5
	UBS	$5.0
	BNP Paribas	$4.9
	HSBC	$3.3
	Calyon	$2.3
	Dresdner Kleinwort	$2.2
	ING	$1.5
	Bank of Montreal	$1.1
	Deutsche Zentral-Genossenschaftsbank	$1.0
	Rabobank	$0.8
	DZ Bank	$0.7
	The Royal Bank of Scotland	$0.5
	KFW	$0.5
	Credit Suisse	$0.4
	Dresdner Bank AG	$0.4
	Banco Santander	$0.3
	HSBC Bank	$0.2
	Danske	$0.2
	Royal Bank of Scotland	$0.2
	Landesbank Baden-Wuerttemberg	$0.1
	Payments to Parties in USA	$38.2
	Goldman Sachs	$12.9
	Merrill Lynch	$6.8
	Bank of America	$5.2
	Citigroup	$2.3
	Wachovia	$1.5
	Morgan Stanley	$1.2
	State of Virginia	$1.0
	State of California	$1.0
	State of Hawaii	$0.8
	AIG International Inc.	$0.6
	State of Colorado	$0.4
	JPMorgan	$0.4
	State of Ohio	$0.4
	State of Georgia	$0.4
	State of Oregon	$0.3
	State of Kentucky	$0.3
	State of Illinois	$0.3
	State of Massachusetts	$0.3
	Citadel	$0.2
	State of Pennsylvania	$0.2
	Reconstruction Finance Corp	$0.2
	State of Washington	$0.2
	Paloma Securities	$0.2
	State of New Jersey	$0.2
	State of Mississippi	$0.2
	State of New York	$0.2
	State of Arizona	$0.1
	State of Rhode Island	$0.1
	State of Delaware	$0.1
	State of Texas	$0.1
	State of Florida	$0.1
	Unknown	$9.4
	Other Collateral Postings	$4.1
	Other & Foreign	$2.8
	Other payments to AIGFP under Shortfall Agreement	$2.5
	Grand Total	$105.4

 

References:

http://www.aig.com/aigweb/internet/en/files/CounterpartyAttachments031809_tcm385-155645.pdf

http://www.aig.com/aigweb/internet/en/files/Counterparties150309RELonly_tcm385-155648.pdf