Relevant:
- Treasury Hid A.I.G. Loss, Report Says
- Is TARP Investigator on Collision Course With Treasury on Bank Assets?
- On Way Out, Barofsky Has Harsh Words for Treasury and About Tarp
- Huge AIG Bailout Profit 'Misleading', Says Ex-TARP Watchdog
- Report: Taxpayers' Entire TARP ‘Investment' Lost in Bailout of United Commercial Bank
2010-10-26 — businessinsider.com
In an early October report, the Treasury approximated that taxpayers would lose just $5 billion on their investment in American International Group (AIG), a tiny fraction of the $182 billion bailout AIG was originally extended. But the New York Times reports that according to special inspector general for TARP Neil Barofsky, the Treasury has concealed $40 billion in losses on AIG alone.
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Comments:
catherine at 19:19 2010-10-27 said:
this just CAN'T BE, THERE ARE STILL KOOL-AID DRINKERS ON THIS SITE, that will beat you to a pulp because as they drink with one hand........THEY SWEAR THAT THE GOVERNMENT IS TELLING US THE TRUTH ABOUT WHAT ALL THESE GAMES COST :lol: :lol: :lol: :lol: they are just scared to death of REALITY and want to make sure they bash everyone else into submission............... you will read in the history books, long after it is over EXACTLY WHAT WAS SPENT................................25 TRILLION at least the taxpayers thru the government has been sprinkled on this ENTIRE MESS (you two are funny--ENTIRE MESS :roll: ) AND by bashing they make sure that the kool-aid is still being dumped by the vats on the public............ Permalinkadd a comment | go to forum thread
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