Unbelievable actions in regards to AIG

Discussion in 'Wall St. News' started by empee, Sep 16, 2008.

  1. empee

    empee

    http://globaleconomicanalysis.blogspot.com/2008/09/crime-in-buying-aig-time.html

    ... wtf, the subsidaries were ok and now they're going to screw the policyholders here. On top of that, if AIG busts/insurance subsidaries bust, then the gov't pays out the money.

    this is unbelievable socialism for the rich. Not only is government supporting this B.S. (Patterson), but no normal organization would get/be allowed this type of treatment (borrowing from protected reserves of subsidiaries).

    Its unbelievable the overt acts of theft that the corporations can borrow from themselves (protected reserves). But normal people, well we let them burn.