AIG Receives Billions More

The insurance giant AIG blew through $189,000 a minute last year despite their $150 billion bailout. If AIG is such a money drain, why did the fed hand out another $30 billion? Nancy Cordes reports.

Category:

News & Politics

Tags:

• AIG
• Insurance
• Nancy
• Cordes
• Bailout
• Fed

[Weedies11]

I wish I can get a million dollars for failing my job.

[irondoor827]

the fourth time in six months, the federal government is giving billions of taxpayer dollars to AIG, following the latters announcement of a $61.7 billion fourth quarter loss — this despite the massive bailout shoveled AIGs way by the Bush administration last September.

[dsspike51]

If they are this critical why were they deregulated? They should be regulated to within an inch of their existance!

[siliconsurf]

what a bunch of assholes...i hate AIG!

[SuperUncleMonkey]

@BNNYWVH1 Just remember. The people that run AIG are probably Christians. So God fails to address this discrepancy.

[babapoopoo]

the bible talks about speculative bubbles?

[BNNYWVH1]

Read REVELATION in the HOLY WORD OF GOD! Oh don't forget the BOOK OD DANIEL!

[moniequa]

Every two hundred years, a great nation will fall. Says madam moniequa.

[Gizziiusa]

AIG insures congress pensions.

[pig5689]

For some dumb reason most executives play the stupid game of golf. They can't seem to stop themselves. They play $3,000 rounds & smoke $300 cigars to feed their laziness & greed.

[cri8tor]

Goldman Sachs is behind all this.

Read the article in Rolling Stone "The Great American Bubble Machine" by Matt Taibbi.

We need to stop the bailout!

[indiasucksalways]

Every single one of these failed/bailedout companies had outsourced to INDIAN companies a few years earlier. Indian conman Azim Premji and his company Wipro are grifters. AIG, Lehman, Merill, GM, Sun, PeopleSoft, ALL of them used Indian outsourcing companies. India's workers are ranked 124th in world productivity while Americans are ranked FIRST!