A I G

[chef]

$85 billion + $38 billion.. oh dear.. uber doomed

"The Federal Reserve will provide as much as $37.8 billion in additional liquidity to American International Group Inc.'s regulated insurance units after rescuing the company with an $85 billion loan last month."


http://www.bloomberg.com/apps/news?p...Kxs&refer=home

[DiscoStu]

$85 billion + $38 billion.. oh dear.. uber doomed

"The Federal Reserve will provide as much as $37.8 billion in additional liquidity to American International Group Inc.'s regulated insurance units after rescuing the company with an $85 billion loan last month."


http://www.bloomberg.com/apps/news?p...Kxs&refer=home

AtW's comment: I saw this coming years ago

[Stan.goodvibes]

uber doomed

pwned

[Cowboy Bob]

The collapse of the New York-based insurer was the subject of Congressional hearings yesterday, which triggered criticism of the company for spending $440,000 on a California conference at a beachside resort less than a week after AIG was rescued.

[AlfredJPruffock]

The collapse of the New York-based insurer was the subject of Congressional hearings yesterday, which triggered criticism of the company for spending $440,000 on a California conference at a beachside resort less than a week after AIG was rescued.

I would say that these hard working Fat Cats are perfectly entitled to such expenses and this wealth will trickle down to hamburger flippers etc