MORE INFO.........
Look at AIG, it was supposed to be such a good idea, and of course if you were against it, you just didn’t understand.
Well right after that 87 billion bailout, AIG had a big party and spent half a million bucks.AND NOW TODAY, WE HAD TO BAIL THEM OUT AGAIN? WITH ANOTHER 37 BILLION DOLLARS
THE SAME AMOUNT THEY GAVE THE VIPERS AND THIEVES AS BONUS’ L A S T Y E A R!!!
Bloomberg
November 20, 2007
Shareholders in the securities industry are having their worst year since 2002, losing $74 billion of their equity, but that won’t stop Wall Street from paying a record $38 billion in bonuses.
The money, split among about 186,000 workers at Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Stearns, equates to an average of $201,500 per person, according to data compiled by Bloomberg.
The five biggest U.S. securities firms paid $36 billion to employees last year.
RUN THE BANKS DRY BEFORE THE BANKS BLEED U.S. DRY!!!!
Friday, October 10, 2008 11:55:17 AM · 6 of 21
TomasUSMC to pissant
AIG Borrows $70.3 Billion From Government
http://www.thestreet.com/story/10441740/1/aig-borrows-703-billion-from-government.html
What does AIG stand for?
Another Incoming Grant?
Amid a firestorm of criticism over its $443,000 executive retreat to a luxurious southern California resort, bailed-out insurance giant AIG Inc. is canceling its Ritz-Carlton business meeting in Half Moon Bay, Calif., and most of its other get-togethers, company officials said.
AIG spokesman Joe Norton said the company is canceling the Ritz-Carlton event after “reevaluating all of our operations, obviously including this kind of function.”
Earlier this week, officials had defended the gathering and a similar event at Atlanta’s Marquis Marriott next week, saying they were a regular part of business and paid for by money-making subsidiaries