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AIG sure spends that bailout money wisely

unsungunsung I stopped by on March 7 2024. First time in many years, had to update payment info. Hope all is well. Politicians suck. Bye. Posts: 9,487
edited October 2008 in A Moving Train
http://www.foxbusiness.com/story/markets/industries/finance/aig-executives-blow--getting-bailout/
Post edited by Unknown User on

Comments

  • mfc2006mfc2006 HTOWN Posts: 37,484
    can't say that i'm surprised.
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  • blackredyellowblackredyellow Posts: 5,889
    What do they care? it's like found money to those greedy fucks...
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  • sweet adelinesweet adeline Posts: 2,191
    let's take it back.
  • normnorm Posts: 31,146
    the st regis is in dana point, not los angeles
  • mammasanmammasan Posts: 5,656
    Glad to see my tax dollars hard at work :(
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  • Strangest TribeStrangest Tribe Posts: 2,502
    WELL then.....

    they just need to be shot in the head


    simple as that
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  • CommyCommy Posts: 4,984
    the bailout seems to have been planned. Well the events leading up to the bailout were anyway.


    Reagan did the same thing, he casued a deep recession, stagnating wages and marginalizing unions for one, but then directed massive federal subsidies to the high tech industry, (which have a permanent customer in the US gov't), using star wars to get people interested in the idea. but it was a planned transfer of funds using the recession as an excuse to littleraly turn the worlds biggest creditor into one of its most indebted countries. Some trillion dollar turn around.

    I think something simlar has happened here. They are pushing the economy to the limit so they can hand out billion dollar 'bailouts' to their friends.

    And the inevitable side affect is the rich get richer and the poor get poorer. Unions lose power. Labor loses power. These are are very important factors in theclass war.
  • VINNY GOOMBAVINNY GOOMBA Posts: 1,818
    We Got Robbed.
  • Gonzo1977Gonzo1977 Posts: 1,696
    Regretfully, I think this is only the tip of the iceberg; just imagine all the ones we're not hearing about.

    There just wasn't enough oversight and regulations planted within that bill to stop this type of behaviour.

    Hopefully, this will be enough incentive for government to act quickly to make an example of AIG and put in place some regulation to prevent this from occuring again.
  • VINNY GOOMBAVINNY GOOMBA Posts: 1,818
    Gonzo1977 wrote:
    Hopefully ... incentive ... government

    3 words that should never appear in the same sentence, for our sake.
  • Gonzo1977Gonzo1977 Posts: 1,696
    VINNY GOOMBA wrote:
    3 words that should never appear in the same sentence, for our sake.

    Okay????

    But
    Act...Regulation...Prevent...

    SHOULD BE!!

    So I guess it balances itself out
  • My3rdEyeMy3rdEye Posts: 927
    Strangest Tribe wrote:
    WELL then.....

    they just need to be shot in the head


    simple as that

    I second this notion.

    So be it
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  • xavier mcdanielxavier mcdaniel Somewhere in NYC Posts: 9,316
    I wonder how much they spent on their advertisements at Yankee, Shea and Madison Square Garden as well as sponsoring various promotional items from the Mets and Yankees.
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  • normnorm Posts: 31,146
    xavier mcdaniel wrote:
    I wonder how much they spent on their advertisements at Yankee, Shea and Madison Square Garden as well as sponsoring various promotional items from the Mets and Yankees.

    don't forget man u ;)
  • xavier mcdanielxavier mcdaniel Somewhere in NYC Posts: 9,316
    cutback wrote:
    don't forget man u ;)


    That's true. Apparently, it's 100 million for four years to put their name on their shirts.

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    Reading 2004
    Albany 2006 Camden 2006 E. Rutherford 2, 2006 Inglewood 2006,
    Chicago 2007
    Camden 2008 MSG 2008 MSG 2008 Hartford 2008.
    Seattle 2009 Seattle 2009 Philadelphia 2009,Philadelphia 2009 Philadelphia 2009
    Hartford 2010 MSG 2010 MSG 2010
    Toronto 2011,Toronto 2011
    Wrigley Field 2013 Brooklyn 2013 Brooklyn 2013 Philadelphia 2, 2013
    Philadelphia 1, 2016 Philadelphia 2 2016 New York 2016 New York 2016 Fenway 1, 2016
    Fenway 2, 2018
    MSG 2022
    St. Paul, 1, St. Paul 2 2023
    MSG 2024, MSG 2024
    Philadelphia 2024
    "I play good, hard-nosed basketball.
    Things happen in the game. Nothing you
    can do. I don't go and say,
    "I'm gonna beat this guy up."
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