Aig

Discussion in 'Politics' started by DavidS, Nov 9, 2008.

  1. DavidS
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    DavidS Anti-Tea Party Member

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    So back on September 17th, the government agreed to bailout AIG for $85 billion.

    Somewhere along the way, that number got revised upwards to $123 billion.

    Now, according to the Wall Street Journal, the number has been revised yet again to $150 billion. That's almost double the amount of money that we agreed to not even 90 days ago - and you're telling me Bush doesn't want to spend one dime on Detroit???

    What the hell is going on here?

    Government, AIG Near a Pact To Scrap Original Rescue Deal - WSJ.com
     
  2. sithroya
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    sithroya BANNED

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    AIG is priority, AIG is one of the financial institutes that lends money to numerous banks and other financial institutes all across America.

    letting AIG go down the drain would only lead to a huge domino effect.

    its just common sense.
     
  3. WillowTree
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    WillowTree Diamond Member

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  4. xsited1
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    xsited1 Agent P

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    The Democrats and a few Neoconservatives are in power. Why does this surprise you?
     
  5. DavidS
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    DavidS Anti-Tea Party Member

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    uhh... try again. AIG is an insurance company. They don't lend money to institutions.
     
  6. sithroya
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    sithroya BANNED

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    google aig please, then rant.
     
  7. DavidS
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    DavidS Anti-Tea Party Member

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    I don't need to Google AIG. I know what AIG is. I've been watching the news. AIG companies are the largest underwriters of commercial and industrial insurance and AIG American General is a top-ranked life insurer.
     
  8. sithroya
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    sithroya BANNED

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    watching sean hannity and bill o'reilly makes u an economist?
     
  9. DavidS
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    DavidS Anti-Tea Party Member

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    Wow - how old are you kid? 15?
     
  10. sithroya
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    Last edited: Nov 9, 2008

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