2009-03-01businessinsider.com

"We're throwing another $30 billion into the black hole AIG is abandoning its plan to pay us back and is instead giving us equity stakes in two businesses it has been unable to sell. No details yet on the imputed value placed on those unsaleable businesses, but safe to assume its astronomical. (Our government being the sucker of last resort)."


Lijit Search

Comments:

taps65 at 10:12 2009-03-02 said:
On the contrary, they dare not disobey the hand that feeds them. Permalink
texasdarling at 17:23 2009-03-02 said:
I have asked myself over and over why, why why. Then it occurred to me. Is it possible that AIG is handling the governments retirement fund? Can anyone verify this? Permalink

add a comment | go to forum thread

FreeRateUpdate.com Mortgage Rates



Mortgages Blog DirectoryFinance blogs

Mortgage Lender Implodes and News Finance Blogs - Blog Catalog Blog Directory