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Fed in AIG Rescue: Who really gets 80%?

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posted on Sep, 17 2008 @ 07:21 AM
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NEW YORK (CNNMoney.com) -- In an unprecedented move, the Federal Reserve Board is lending as much as $85 billion to rescue crumbling insurer American International Group, officials announced Tuesday evening.

The Fed authorized the Federal Reserve Bank of New York to lend AIG (AIG, Fortune 500) the funds. In return, the federal government will receive a 79.9% stake in the company.


money.cnn.com...


Since the Federal Reserve is a corporation and is not part of the government, who is really getting a 79.9% stake in AIG? Is the Fed really giving it to the US Government, or have the shareholders of the fed used this as a way to buyout most of AIG at the US taxpayers' expense?




posted on Sep, 17 2008 @ 07:29 AM
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London, they say owns the fed, so them owning aig and barcleys taking over the other firm. I would say london has come out tops.

Its amazing how aig, is supposedly worth trillions, and the fed gets aig 80%, for $85. And the fed does not give them the money, the american taxayer does.

Amazing how they do this.



[edit on 9/17/2008 by andy1033]



posted on Sep, 17 2008 @ 09:11 AM
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Are we still scratching our heads at these moves by the wonderful kind people who own the Federal Reserve System, and the Central Bank most Americans never wanted anyway?
This is just another piece move, in order to own all the land in the United States. The forefathers knew this is what would happen, if and when the bankers could forge their way to convince the people, by election or deception, to give them the power and authority to control and issue it's currency. So, when you look back now at 1913, and what has transpired since, one can only come to the conclusion that Thomas Jefferson and the many who understood the wickedness of the bankers were right, when they said: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs".
Except, that the bankers will never allow that to happen, will they?? Ask Louis McFadden (oh you can't he's dead), ask Abraham Lincoln (oh yeah they killed him too) ask James Garfield (nope they assassinated him too) ask William McKinley (oops they assassinated him too) ask John F. Kennedy (too late they assassinated him too).
Get the picture??
This will never stop !! Either you abolish the Federal Reserve System and remove the Central Bank, or they will before too much longer own, not only the government but all the land it sits upon also, and that will be the true end of this country we all believe in, yet did nothing to keep it from the hands of the bankers who wish nothing but profit at your expense.
When will we see what they are really doing?



 
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