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WHY IS THE GOVERNMENT BAILING OUT AIG
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birth     Reply with quote
Why are the taxpayers gonna have to flip the bill for this and exactly what happen that they got into this situation?
Underground     Reply with quote
l do not understand this either. No one bails me out. l guess a question to ask is what happens if they do not bail them out? And is all of this due to allowing people to take out mortgages they could not possibly afford? Whose responsibility was that to keep an eye on? Like how credit cards could have 30 percent interest..
Gerardo     Reply with quote
because the ceo is have to get their multi million dollar buyout packages
pill     Reply with quote
Is not the Insurance Commission the oversight for AIG? And what was the Congressional Banking Committee doing in Congress while all the financial institutions were offering all of the ridiculous mortages. They ARE the watch dog or oversight committe responsible for those institutions.
Coach     Reply with quote
It makes me angry that our corporate run government will bail out large corporations but will not help the average citizen.

The United States Government does not seem to realize that the success of this country does not lie with big corporate executatives but with the workers. They will be taking over large mismanaged corporations for the next hundred years & still American will fail as a capitalist nation. The U.S. will not be successful until it begins to take care of its citizens FIRST!

Why should the government take care of corporations but not the working citizens who can not even afford to go to the doctor? The U.S. is more stupid than l thought! WHY?? The rich people own this country & its what they want.
Kim     Reply with quote
The government realized that they will to pay more if AIG goes bankrupt. Because FIC or FiDC guarantee for customer about AIG insurance product. That is why government bail out $85 billion for them. The question is Will 85 billion enough for them?
Lostyo     Reply with quote
Screw this Crap l want A Bail out for my Bill is lmao. Where do l apply.
Bobyer     Reply with quote
Because the gov't might make money on this deal any way. AND, it is cheaper in the long run to keep our financial markets in tact.
Kickshaw     Reply with quote
Because all the government cares about is wall street. They do not think twice or give a crap about ''we'' the people who is paying for all this shit. If a corporation is bound to fail then so be it, its not our fault or mistake, but yet we have to pay for it. l would like to see the same thing done for me by the government.

How funny, they give us 600 but yet they go & spend 1,000,000,000 on a couple of companies, & its coming from we the taxpayers. What they should be doing is coming up with another stimulas package to help bail out us the taxpayers who cant afford stuff

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