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Since we, the people, now own 80% of AIG, I should only have

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rzemanfl Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:50 PM
Original message
Since we, the people, now own 80% of AIG, I should only have
to send in 20% of my premium next month, right?

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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 06:56 PM
Response to Original message
1. AIG underwrote for European banks as well so how are they kicking in?
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TexasObserver Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:04 PM
Response to Original message
2. How in God's name does THE FED take 80% ownership in a private insurer?
Edited on Tue Sep-16-08 07:05 PM by TexasObserver
This is unacceptable. The FED is far outside its field of authority or license.
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htuttle Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:07 PM
Response to Reply #2
3. ...and yet they won't send any more funding to AMTRAK
Edited on Tue Sep-16-08 07:08 PM by htuttle
Tells you all you need to know about them that rule this nation.
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AlCzervik Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:08 PM
Response to Reply #2
4. who's going to stop them, really?
No one.
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Ikonoklast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:14 PM
Response to Original message
5. They'll bust up AIG now
The airliner leasing division alone is worth $50 billion. The other units are worth far more than the money the Fed laid out.

The taxpayers will actually make out on this one.

The stockholders, not so much.
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madrchsod Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-16-08 07:36 PM
Response to Reply #5
6. they`ll sell our/aig ports back to Dubai !
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