Uncle Sam's do-over $152.5 billion for AIG

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • GetSCORECash
    Confirmed User
    • Mar 2008
    • 5527
    #1

    Uncle Sam's do-over $152.5 billion for AIG

    AIG had to go back to the FED and ask for more money.

    NEW YORK (CNNMoney.com) -- Troubled insurer American International Group got a reworked $152.5 billion deal from the federal government Monday, as the Federal Reserve and Treasury Department made significant changes to the terms of the company's original bailout.

    The Fed announced that it will reduce AIG's original $85 billion bridge loan to $60 billion, cut the interest rate by 5.5 percentage points and extend the borrowing period to five years from two years.

    In addition, the Treasury will use its special authority under last month's $700 billion bailout law - the so-called Troubled Asset Relief Program - to purchase $40 billion in preferred stock.
    http://money.cnn.com/2008/11/10/news...ion=2008111011
    | skype: getscorecash | ICQ: 59-271-063 |
    New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
    | Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
    | Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |
    Tags: None
    • tony299
      lurker
      • Aug 2002
      • 57021
      #2
      Some poor guy lost his job and needs 6 months to get back on his feet and is told fuck you. Its sad.

        Comment

        • pocketkangaroo
          Confirmed User
          • Jan 2005
          • 8452
          #3
          When do you just hit the point where you let them go out of business? We just keep giving them money over and over. They obviously can't survive on their own.

            Comment

            • tony299
              lurker
              • Aug 2002
              • 57021
              #4
              Originally posted by pocketkangaroo
              When do you just hit the point where you let them go out of business? We just keep giving them money over and over. They obviously can't survive on their own.
              Good point, I also would make it the whole executive team works for a dollar a year til they reach real profitability. Like Lee Iacocca and Steve Jobs did.

                Comment

                • sltr
                  Confirmed User
                  • Dec 2002
                  • 3191
                  #5
                  third time's a charm!

                    Comment

                    • uno
                      RIP Dodger. BEST.CAT.EVER
                      • Dec 2002
                      • 18450
                      #6
                      Someone needs to pay for their private on-campus employee only amusement park.
                      -uno
                      icq: 111-914
                      CrazyBabe.com - porn art
                      MojoHost - For all your hosting needs, present and future. Tell them I sent ya!

                        Comment

                        • Ron Bennett
                          Confirmed User
                          • Oct 2003
                          • 1653
                          #7
                          And it's worse than that ... many of the same companies being bailed out are still paying out MANY BILLIONS in bonuses.

                          The bailout gravy train has left the station without brakes on a downhill course out of control with average Americans in the path, being crushed to pulp, when it all crashes!

                          Ron
                          Domagon - Website Management and Domain Name Sales

                            Comment

                            • Martin
                              "Assassins"
                              • Dec 2001
                              • 17274
                              #8
                              Americans are getting bent over the table and anal fucked. I really can't believe the lack of anger over this "bailout".
                              Last edited by Martin; 11-10-2008, 09:29 AM.

                                Comment

                                • Nikki_Licks
                                  Confirmed User
                                  • May 2005
                                  • 6323
                                  #9
                                  I posted this in another thread, but thought ti would be good to post it here.

                                  Here is what they are doing with the money. They do not need help. These people are fucking thieving crooks and the government is just as crooked as they are for allowing this
                                  Link to story below; http://www.financialpost.com/most_po...html?id=866284


                                  Invoices obtained by Mr. Waxman's committee showed that AIG spent US$139,375.30 on rooms, US$147,301.71 for "banquets," and US$1,488 at the resort's Vogue Salon, which offers manicures, pedicures and hairstyling. The group spent US$6,939.09 on golf, US$2,949 for gratuities, US$5,016.32 at the StoneHill Tavern and US$3,064.71 for in-room dining and the lobby lounge.

                                  The group booked the resort's 3,100-square-foot Presidential Suite for US$1,600 a night for five nights, a discount from the standard rate of US$3,200 a night, a hotel document released by the committee showed. It also paid US$1,075 in "no-show fees."
                                  Amateur Content
                                  ICQ: 292 356 077

                                    Comment

                                    • mike-al
                                      Confirmed User
                                      • Aug 2007
                                      • 691
                                      #10
                                      looks like they spent $500 and got that site turned off above
                                      Delete this account, i am done here

                                        Comment

                                        • pornguy
                                          Too lazy to set a custom title
                                          • Mar 2003
                                          • 62910
                                          #11
                                          Did anyone fire the assholes that were running this company?? Will they have to pay a DIME back?
                                          PornGuy skype me pornguy_epic

                                          AmateurDough The Hottes Shemales online!
                                          TChicks.com | Angeles Cid | Mariana Cordoba | MAILERS WELCOME!

                                            Comment

                                            • Nikki_Licks
                                              Confirmed User
                                              • May 2005
                                              • 6323
                                              #12
                                              Originally posted by Nikki_Licks
                                              I posted this in another thread, but thought ti would be good to post it here.

                                              Here is what they are doing with the money. They do not need help. These people are fucking thieving crooks and the government is just as crooked as they are for allowing this
                                              Link to story below; http://www.financialpost.com/most_po...html?id=866284


                                              Invoices obtained by Mr. Waxman's committee showed that AIG spent US$139,375.30 on rooms, US$147,301.71 for "banquets," and US$1,488 at the resort's Vogue Salon, which offers manicures, pedicures and hairstyling. The group spent US$6,939.09 on golf, US$2,949 for gratuities, US$5,016.32 at the StoneHill Tavern and US$3,064.71 for in-room dining and the lobby lounge.

                                              The group booked the resort's 3,100-square-foot Presidential Suite for US$1,600 a night for five nights, a discount from the standard rate of US$3,200 a night, a hotel document released by the committee showed. It also paid US$1,075 in "no-show fees."
                                              Too funny, the link was working when after I posted it, now it reads bad request...wonder what is going on
                                              Amateur Content
                                              ICQ: 292 356 077

                                                Comment

                                                • notime
                                                  Confirmed User
                                                  • Jun 2003
                                                  • 8027
                                                  #13
                                                  Originally posted by Nikki_Licks
                                                  Too funny, the link was working when after I posted it, now it reads bad request...wonder what is going on
                                                  cover up maybe? Afraid for bad publicity over this subject while it's sensitive in the media?
                                                  any of you guys know that AIG holds adult shares (a lot).... ?
                                                  Last edited by notime; 11-10-2008, 10:21 AM.

                                                    Comment

                                                    • GetSCORECash
                                                      Confirmed User
                                                      • Mar 2008
                                                      • 5527
                                                      #14
                                                      Originally posted by pornguy
                                                      Will they have to pay a DIME back?
                                                      Not yet, hopefully a new Justice department will look into these guys.
                                                      | skype: getscorecash | ICQ: 59-271-063 |
                                                      New Sites: | SCORELAND2 | Roku Channel SCORETV.TV | 60PLUSMILFS |
                                                      | Big Tit Hooker | Tits And Tugs | Big Boobs POV | Karla James |
                                                      | Naughty Foot Jobs | Linsey's World | Busty Arianna Sinn | Get SCORE Cash |

                                                        Comment

                                                        Previous template Next
                                                        Working...