Am I crazy or does Govt just make stuff up?

Discussion in 'Wall St. News' started by ChkitOut, May 7, 2012.

  1. How is it at all possible that the government spends 140 billion to 'rescue' AIG, (and i assume that just means pay off their counter party swap liabilities) and the government magically makes a profit of 15 billion from a company that blew up?? The entire market cap of the newly issued stock isnt even 60 billion.

    i don't get it.