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AIG Receivers Billions More

The insurance giant AIG blew through $189,000 a minute last year despite their $150 billion bailout. If AIG is such a money drain, why did the fed hand out another $30 billion? Nancy Cordes reports.

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2 Comments

Current View: 15 / Show all Comments

Golgon : LVL 35: VP 4.3: said:

Golgon

-3 votes NegativePositive

247 days 22 hours ago...

honestly - giving those amounts of money to the companys is necessary. but giving it withhout any attachements is just stupid. i mean c´mon no company is changing a thing they are still working as nothing has happened....

truth-is-the-nemesis : LVL 37: VP 4.5: said:

truth-is-the-nemesis

6 votes NegativePositive

247 days 22 hours ago...

so if the american taxpayer now owns 80% of AIG & it takes 51% to have controlling interest, does that mean that we can sack these assholes?.

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