Comments on: Why has Fed bailed out AIG? http://whatthefinance.com/global-economics/why-has-fed-bailed-out-aig-71 "Money makes the world go round"... all around the world. Fri, 03 Sep 2010 17:25:56 +0100 http://wordpress.org/?v=2.8.4 hourly 1 By: CityBoy http://whatthefinance.com/global-economics/why-has-fed-bailed-out-aig-71/comment-page-1#comment-353 CityBoy Fri, 03 Oct 2008 13:57:27 +0000 http://whatthefinance.com/?p=71#comment-353 AIG has already drawn down $61.2bn of its $85bn Fed loan. And imagine it's only been a couple of weeks since the Fed decided to act as the insurance giant's savoir! AIG has already drawn down $61.2bn of its $85bn Fed loan. And imagine it’s only been a couple of weeks since the Fed decided to act as the insurance giant’s savoir!

]]> By: Johnny http://whatthefinance.com/global-economics/why-has-fed-bailed-out-aig-71/comment-page-1#comment-345 Johnny Mon, 22 Sep 2008 10:14:31 +0000 http://whatthefinance.com/?p=71#comment-345 I like the way you sum it up, BUT The bad money managers created the problem and now our government is going to reward them same bad money managers with 700 billion, if our congress approves this with out firing anyone, then its an act of plain stupidity. This plan is dentin to fail or this is part of the plan they have been working on for many years, to do what I don't know. This is bad for the working US Citizens. I like the way you sum it up, BUT
The bad money managers created the problem and now our government is going to reward them same bad money managers with 700 billion, if our congress approves this with out firing anyone, then its an act of plain stupidity. This plan is dentin to fail or this is part of the plan they have been working on for many years, to do what I don’t know.
This is bad for the working US Citizens.

]]> By: misanthropope http://whatthefinance.com/global-economics/why-has-fed-bailed-out-aig-71/comment-page-1#comment-343 misanthropope Sat, 20 Sep 2008 07:40:02 +0000 http://whatthefinance.com/?p=71#comment-343 that is the most cheering thing i have read during this whole debacle. i am aware of the irony, but i am certainly being sincere. the thought had never really crossed my mind that this was anything other than a blatant nationalization of private losses. it sounds so good, in fact, that i feel compelled to go check the rate you quote- meaning no disrespect. take care that is the most cheering thing i have read during this whole debacle. i am aware of the irony, but i am certainly being sincere. the thought had never really crossed my mind that this was anything other than a blatant nationalization of private losses.

it sounds so good, in fact, that i feel compelled to go check the rate you quote- meaning no disrespect. take care

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