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[Politics/Econ] Anybody starting to get that queasy feeling...

 
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MFAWG
Rich Corinthian Leather Jacket

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[Politics/Econ] Anybody starting to get that queasy feeling...
« on: October 30, 2008, 06:37:47 PM »

that we're just being had, and what's really going on is that the greedheads are just fattening up the taxpayers money:

http://www.forbes.com/mar...-cx_md_1030markets39.html

Quote
American International Group is borrowing from Peter to pay, um, Peter. The government-controlled insurer is replacing the expensive credit line it received when it was rescued by the federal government last month with a cheaper one, also from Uncle Sam.

Four American International Group (nyse: AIG - news - people ) affiliates registered to borrow up to $20.9 billion through the Federal Reserve Bank of New York’s Commercial Paper Funding Facility according to a regulatory filing on Thursday. Tapping the U.S. government for cash has become a habit for AIG’s since it was nationalized in September. (See "Fed Rescues AIG")
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The things that will destroy America are prosperity at any price, peace at any price, safety first instead of duty first, the love of soft living and the get rich quick theory of life. -- Teddy Roosevelt
1puttpar
Vest & Plus Fours
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Re: [Politics/Econ] Anybody starting to get that queasy feeling...
« Reply #1 on: October 30, 2008, 07:06:46 PM »

But wait, there's more:

http://www.iht.com/articl.../10/27/business/bonus.php
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