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  1. #1
    DJ
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    Why AIG keeps getting bailed out!

    I just got this from a friend of mine this morning. Wow!

    I couldn't figure out why would the Congress let some firms go under
    and then bend over backwards to help others. *NOW* this makes sense!!!!!!
    (Why hasn't it gotten national press coverage?)

    Remember when this economic crisis hit, and Congress let Bear Sterns go
    under, pushed a bunch of forced marriages between banks, etc.? Then they
    bailed out AIG. At the time, I thought: "That's strange. What does an insurance company have
    to do with this crisis?" *I think I just found the answer*.

    Among other things, *AIG INSURES THE PENSION TRUST OF THE UNITED STATES CONGRESS*!! No wonder they got bailed out right away. To hell with the people, let's protect our future, said all our Senators and Congressmen. Nice to see where their loyalties lie!
    (We are from the government and we're here to help ourselves!)
    Check it out... http://bx.businessweek.com/aig/

  2. #2
    UB
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    AIG is also the depository and $$ funnel for the CIA. I think that has alot to do with it also.

    UB
    If you ain't mad, you ain't payin' attention = Terry Anderson.

  3. #3
    April
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    OUTRAGEOUS!!!!!

  4. #4
    Senior Member Justthatguy's Avatar
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    AIG also sold a lot of Credit Default Swaps to foreign banks and giant corporations. If AIG goes bankrupt those banks and giant corporation will also go down like dominoes. If that happens then there will be no stopping it because all the governments in the world don't have enough money. This is what happens when all the big banks are tied together like they are in this insane international banking system.

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