AIG seeks ANOTHER bailout - $10 billion more

http://clusterstock.alleyinsider.com/2008/12/black-hole-aig-aig-needs-another-10-billion

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Black Hole AIG (AIG) Needs Another $10 Billion
Joe Weisenthal | Dec 10, 2008 7:32 AM | 3 Comments
The bailout money went to its bad CDS contracts, but the company owes $10 billion on other bets gone wrong...
 
everyone should trade very carefully

because part of your winning trades will be paying off AIG's losing ones

along with their salaries and bonuses
 
Class warfare. Aig will get anything they want.

Who is more to blame? Gambling away our economy, writing insurance of leveraged money that doesn't even exist, or...

Some guy working for 30 an hour and getting his family covered for health and job loss?

Aig, Bear, Lehman, GS, JPM are much bigger failures than Detroit can ever hope to be.

I don't know why so many people get so angry at the blue collar guy who organized to try and have a life that wall streeters laugh at. This feeling is prevalent though, so maybe everyone else is right.

The hypocrisy, arguing Detroit is a failure and Detroit salaries are way too much, is insane.
 
Quote from Illum:

Class warfare. Aig will get anything they want.

Who is more to blame? Gambling away our economy, writing insurance of leveraged money that doesn't even exist, or...

Some guy working for 30 an hour and getting his family covered for health and job loss?

Aig, Bear, Lehman, GS, JPM are much bigger failures than Detroit can ever hope to be.

I don't know why so many people get so angry at the blue collar guy who organized to try and have a life that wall streeters laugh at. This feeling is prevalent though, so maybe everyone else is right.

The hypocrisy, arguing Detroit is a failure and Detroit salaries are way too much, is insane.
More...

Indeed.

The government guarantees 300 billion $ of Citibank turds but want some real change from the automakers in order for them to receive 15 billion $?

lmao

It's like they want a civil war to happen.
 
Quote from Illum:

Class warfare. Aig will get anything they want.

Who is more to blame? Gambling away our economy, writing insurance of leveraged money that doesn't even exist, or...

Some guy working for 30 an hour and getting his family covered for health and job loss?

Aig, Bear, Lehman, GS, JPM are much bigger failures than Detroit can ever hope to be.

I don't know why so many people get so angry at the blue collar guy who organized to try and have a life that wall streeters laugh at. This feeling is prevalent though, so maybe everyone else is right.

The hypocrisy, arguing Detroit is a failure and Detroit salaries are way too much, is insane.
More...

the automakers do not produce a product as well as they should

the cocksuckers at aig produce NOTHING!!!!

they exist for 'risk management'

but all they do is take risks, and manage to transfer their losing trades to the taxpayer
 
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