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In U.S. Bailout of A.I.G., Forgiveness for Big Banks
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30/06/2010 13:06:26
 
 
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Forum:
Finances
Category:
Banking
Title:
In U.S. Bailout of A.I.G., Forgiveness for Big Banks
Miscellaneous
Thread ID:
01471089
Message ID:
01471089
Views:
61
This is a fairly comprehensive write up of what we now know about the AIG bailout and subsequent payoff to the banks.

My personal favorite part is how the banks were given many "thanks for their patience" for having to wait to get 100 cents on the dollar payoffs from the taxpayer bailed out AIG.

http://finance.yahoo.com/news/In-US-Bailout-of-AIG-nytimes-1371128023.html;_ylt=AnCyTXVrHZ_q0n2oCceBG5i7YWsA;_ylu=X3oDMTE1ZzViczhuBHBvcwM1BHNlYwN0b3BTdG9yaWVzBHNsawNpbmJhaWxvdXRmb3I-?x=0&sec=topStories&pos=3&asset=&ccode=
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin
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