More games from AIG. I don’t trust them as far as I could throw them. If they buy these securities back and then implode again, will Turbo Tax Tim come to the rescue once again. They have been into the taxpayers for up to $182Bil and have trimmed some off. I would just as soon them pay it all off.
My understanding is that security analysts have said Uncle Sam could sell these to other parties for far more money that AIG is offering. It would be nice to see the govt make aq good business decision here and not flop over for AIG.
I wish it were that simple. However, the attorneys, bean counters will make it as complicated as possible and the taxpayers will never see all the money returned in the long run. We have been soaked and will continue to be soaked by these crooks in AIG and the government.
Well, what can you expect when AIG underwrites Congressional pension funds? Do you think they would ever let this monster submerge, when their very future living money is at stake?
Lifetime pension for only one term. Pretty sweet deal don’t you think? These people are very good at taking care of themselves. Unfortunately, we have allowed ourselves to be duped for years that they are representatives to We the People. They represent themselves and many retire as multi millionaires after several terms.
What’s the catch? Somehow I don’t this is a fair deal for NY.
More games from AIG. I don’t trust them as far as I could throw them. If they buy these securities back and then implode again, will Turbo Tax Tim come to the rescue once again. They have been into the taxpayers for up to $182Bil and have trimmed some off. I would just as soon them pay it all off.
My understanding is that security analysts have said Uncle Sam could sell these to other parties for far more money that AIG is offering. It would be nice to see the govt make aq good business decision here and not flop over for AIG.
If AIG has THAT much cash in their checking account, the taxpayers should come first … pay back what we gave them to salvage this oversized behemouth.
I wish it were that simple. However, the attorneys, bean counters will make it as complicated as possible and the taxpayers will never see all the money returned in the long run. We have been soaked and will continue to be soaked by these crooks in AIG and the government.
Well, what can you expect when AIG underwrites Congressional pension funds? Do you think they would ever let this monster submerge, when their very future living money is at stake?
Lifetime pension for only one term. Pretty sweet deal don’t you think? These people are very good at taking care of themselves. Unfortunately, we have allowed ourselves to be duped for years that they are representatives to We the People. They represent themselves and many retire as multi millionaires after several terms.