In case you were wondering where on earth all that money went that you shoveled into the black hole known as AIG, we now have a pretty good idea.

* $13 billion of it went to Goldman Sachs
* $12 billion went to Soc Gen
* $12 billion went to Deutsche Bank
* $9 billion went to Barclays
* $7 billion went to Merrill Lynch
* $5 billion went to Bank of America

And so on.

All these firms did business with AIG voluntarily. All these firms knew (or should have known) the risks of doing business with an unregulated firm in an unregulated part of the market. All these firms were willing to take the risk that AIG wouldn’t be able to make good on its commitments.

(Or, more accurately, all these firms were willing to take the risk the government would NOT bail out AIG if it were as dumb and reckless as it looked–and this proved to be a safe and smart bet.)

By now, however, one thing should be clear: The government’s decision to bail out AIG on the terms it did was a colossal mistake. All of the counterparties that were secretly bailed out via the AIG bailout could have and should have shared at least some of the loss. But because incompetence is clearly not confined to those who work in the financial services industry, the American taxpayer will, once again, foot the bill.

Here’s the full list of those who got secret bailouts via AIG, ranked in order of gift. Read it and weep:

Goldman Sachs – $12.90 billion
Soc Gen – $11.90 billion
Deutsche Bank – $11.80 billion
Barclays – $8.50 billion
Merrill Lynch – $6.80 billion
Bank of America – $5.20 billion
UBS – $5.00 billion
BNP Paribas – $4.90 billion
HSBC – $3.50 billion
Calyon – $2.30 billion
Citigroup – $2.30 billion
Dresdner – $2.20 billion
DZ Bank – $1.70 billion
Wachovia – $1.50 billion
ING – $1.50 billion
Morgan Stanley – $1.20 billion
Bank of Montreal – $1.10 billion
Rabobank – $0.80 billion
Royal Bank of Scotland – $0.70 billion
AIG Int’l – $0.60 billion
KFW – $0.50 billion
JP Morgan – $0.40 billion
Credit Suisse – $0.40 billion
Santander – $0.30 billion
Paloma – $0.20 billion
Citadel – $0.20 billion
Danske – $0.20 billion
Reconstruction Finance Corp – $0.20 billion

Other – $4.60 billion

TOTAL – $93.40 billion