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US receives $15 billion in profits over AIG’s bailout

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posted on Sep, 12 2012 @ 10:33 PM
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I wonder if the US taxpayers will see any of this


www.hurriyetdailynews.com...
The U.S. government has raked in $15.1 billion in profits on its massive rescue of insurer AIG, the Treasury said in a rebuff to critics of the 2008-2009 bailout of the finance industry.

The massive AIG rescue deal, using $182 billion of taxpayer funds to save the foundering insurer, finally turned a profit after the Treasury sold off 636.9 million shares Monday to private investors and the company itself, raising $20.7 billion.




posted on Sep, 12 2012 @ 10:40 PM
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Originally posted by all2human
I wonder if the US taxpayers will see any of this




I’m going to go out on a limb here, stick a wet finger in the air, kick the dirt around a bit, put a toe in to test the waters and take an estimated guess……..

The answer is NO.

Mickierocksman



posted on Sep, 12 2012 @ 11:30 PM
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someone dares beg the government to help them get healthcare coverage and you'll get a hundred tea partiers ready to machine gun the "socialist" to death.

the government buys and owns a private corporation with over $180 billion dollars of taxpayer money, one of the very basic foundations of communism and socialism, the public/state ownership of companies, and all the "i'll keep my freedom, guns and money. you keep the change" banners are no where to be seen.

americans need to know the real definition of socialism.

using a small fraction of the immense tax revenue the united states collects every year so someone doesn't die isn't socialism, it called compassion.

edit on 12-9-2012 by randomname because: (no reason given)



posted on Sep, 12 2012 @ 11:38 PM
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