AIG

[sugarpop]

Originally Posted by classicman

A very liberal friend of mine is telling me he thinks this whole thing, the outrage over the bonus deals, is nothing but a cover to distract us from the billions being funneled to foreign banks through AIG. I all but fell off my chair hearing him talk like that.

So, since these compensation packages are so common in this industry, when are all the other banks that got money gonna fess up?
Maybe they're all makin backroom deals now to cover it up. hmm Damn wacko extremist conspiracy theorists.

Yes, something like $40 BILLION went to foreign banks, at least from what I heard reported. In addition, many other banks that we already bailed out got more money from AIG. (Maybe it was $40 billion total. I don't remember.)

Don't you think that, when people gamble, they should have to pay for their losses? Because that's what happened here. Why should WE be paying for their gambles? It just really has me angry and upset. Perhaps I should take Dana's advice and stop watching the news. *sigh* My anxiety level has increased significantly over the past year, and even more over the past few months, since this whole thing started.