Fraud? Embezzlement? Felony?

Hank Greenberg's interview on CNBC. The initial takeover of AIG by the US Treasury included a direct pass through of $35 Billion for CDS counterparties, at par, or in other words, full value. Goldman Sachs was the recipient of $20 Billion of those full value taxpayer dollars.
AIG and the government promised that the taxpayers would not lose one dime on AIG's CDS. To date, the losses amount to $220 Billion, with no recovery possible on that amount. It is also very apparent that AIG still has Trillions in CDS obligations, most of which will be a loss, at taxpayer expense.

It seems the deal with the government taking over AIG was written to lose $35 Billion from the very first minute the deal was concluded. If the former CEO of AIG, Hank Greenberg, had not felt he was lied to by his successor, we would never have proof of how big the lie actually is.

Remember this, Henry Paulson, Bush's pick to be Treasury Secretary in 2006, was Goldman Sachs CEO just before he came to Treasury. When the negotiations started, Paulson was at the table, fully negotiating, yet Greenberg and his group, the largest shareholders of AIG, were not allowed to attend.

Funny how Goldman got the biggest share of the deal.