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Top U.S., European Banks Got $50 Billion in AIG Aid
WSJ ^ | 3/6/09 | By SERENA NG and CARRICK MOLLENKAMP

Posted on 03/06/2009 9:32:54 PM PST by FromLori

The beneficiaries of the government's bailout of American International Group Inc. include at least two dozen U.S. and foreign financial institutions that have been paid roughly $50 billion since the Federal Reserve first extended aid to the insurance giant.

Among those institutions are Goldman Sachs Group Inc. and Germany's Deutsche Bank AG, each of which received roughly $6 billion in payments between mid-September and December 2008, according to a confidential document and people familiar with the matter.

(Excerpt) Read more at online.wsj.com ...


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To: jd777

Most of the students educated in US engineering programs have family ties overseas. That’s because American men have been discouraged for decades from those programs by members of families that are too much in control of business, the media (sponsored), education and government.


21 posted on 03/07/2009 6:25:50 PM PST by familyop (As painful as the global laxative might be, maybe our "one world" needs a good cleaning.)
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To: familyop
Caterpillar produces some massive equipment, trucks, and cranes etc. Some so large that it will never make sense to ocean ship those goods. However, they export 16 Billion dollars of equipment from US plants!

The bottom line: we are the world's largest and I argue best producer!

We're not like the U.K. We BUILD!

22 posted on 03/09/2009 10:59:09 AM PDT by jd777
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