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View Full Version : AIG Rescue package doubling to $150 Billion


OwlMBA
11-10-2008, 01:16 AM
I knew that was a good stuck to buy..... :):)

Oh, and the gov is lowering their interest rate on the debt, and giving them more time to pay it back.

Cha-ching!

http://money.cnn.com/2008/11/09/news/companies/aig/?postversion=2008110921
Zeus
11-10-2008, 01:55 AM
I knew that was a good stuck to buy..... :):)

Oh, and the gov is lowering their interest rate on the debt, and giving them more time to pay it back.

Cha-ching!

http://money.cnn.com/2008/11/09/news/companies/aig/?postversion=2008110921

Financial situations & govt regs causing the problems aside, the deal with AIG is a very good deal for Taxpayers .
OwlMBA
11-10-2008, 03:00 AM
Financial situations & govt regs causing the problems aside, the deal with AIG is a very good deal for Taxpayers .

It actually is. They arent going anywhere.

But the taxpayer wont benefit. What do you think the gov will do with all the money they make? Give it back to us? Cut taxes? Please. they will spend it on some arts program. Or Africa.