AIG has released limited information on who its biggest counter-parties were.
Here’s the broken out list. And here’s their general press release announcing the list.
The ‘toplines’ don’t seem terribly different from what had been assumed. European banks show up disproportionately among the highest payouts. Barklays $7B in payments to counterparties by US Securities Lending, $.6B through Maiden Lane III, $.9B in collateral postings under AIGFP CDS.
The biggest recipient seems to be France’s Societe Generale for about $12B. Deustche Bank got slightly less.
The one thing I had not heard of previously was $12.1B that went to municipalities in twenty states.
