AIG Domestic Life Units Get $37.8 Billion Cash from Federal Reserve

October 8, 2008

  • October 8, 2008 at 8:27 am
    Terrye says:
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    Don’t give AIG any more money they wasted millions on a party and now they want bailout. Give me a break, give me the money I could use it to take care of business. We are throughing good money after bad. Come on people get a clue.

  • October 9, 2008 at 7:06 am
    sandman says:
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    The “party” was a bonus trip for their top 100 producers. Those of you in the insurance field know that this is a carrot that companies hold in front of us. It is actually part of most contracts and I know if I was an agent that earned the trip, I would be ticked if they didn’t deliver. My little trip is not going to break the bank.

  • October 9, 2008 at 7:53 am
    Yank Blueberg says:
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    Amazing. AIG gets a bailout…umm loan to help put them back together again and they have audacity to stage a party. Oh sorry, meeting. Cant blame them for taking advantage the Fed will gave anybody money except you and I. The Fed has become tantamount to the Boards, CEO f’s up and they already have prearranged exit package. Its up to John & Jane Q Public. Write your senator, congressman, etc. Moan to them all, threaten votes etc. They know no one is happy but stuff is still happening. It needs to get big and bad enough to cut the head of the Hydra monster that is the Fed/Treasury free money. Since when does Paulson & Bernanke run the gov’t? REMEMBER PEOPLE, THIS IS NOT ABOUT POLITICAL PARTY, ITS YOUR MONEY.

  • October 9, 2008 at 8:20 am
    Suzi says:
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    THIS is F—ing ridiculous. On top of that I heard they are planning another party. I’m really,really worried about the state of things. I’m inches from pulling what I have let out of the stock market and converting to cash. NOT that it will be worth much soon. Maybe I should convert to Canadian $$$.

  • October 9, 2008 at 10:25 am
    greedy says:
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    WOW

  • October 9, 2008 at 11:17 am
    Colleen says:
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    Where did you hear they are planning another party???

  • October 9, 2008 at 1:01 am
    What?? says:
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    I hope everyone here is kidding. Millions on a party? What? Where did you hear that? Does anyone actually read the news? Idiots.

  • October 9, 2008 at 1:17 am
    Chris says:
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    they spent $440k on a retreat in Laguna for their best brokers and have a second one planned for Pebble Beach later this month. i heard it on NPR this morning.

  • October 9, 2008 at 1:33 am
    greedy says:
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    WOW! the rumors are all true its time to party for AIG like things would ever change wait to the senate hearings. This is a wake up call to the whole industry

  • October 9, 2008 at 1:38 am
    Bill says:
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    The Fed owns 80% of the largest insurance company in the World. Loans it money it prints. This situation fits very well with Obama’s vision of government. Welcome to your new federal health insurance company.



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