AIG Taps Fed For Another $38 Billion

[tylerdee]

Source: ClusterStock.com

Under this program, the New York Fed will borrow up to $37.8 billion in investment-grade, fixed-income securities from AIG in return for cash collateral. These securities were previously lent by AIG’s insurance company subsidiaries to third parties.

Read more: http://www.clusterstock.com/2008/10/aig-taps-ny-fed-for-another-38-billion

[hobbit709]

1. A lot of gall after their big party.

[Control-Z]

21. And with another (party)

planned for next week. Fuckers. It makes me just furious. Nothing like rubbing our nose in their privileged bullshit.

[sakabatou]

2. If you give a mouse a cookie...

[Nihil]

25. That's the one!

I think a little rat-poison would be in order here ...

[lonestarnot]

3. FUCK THEM!

[tylerdee]

5. I can't believe this!! Are they for reals?

[lonestarnot]

23. They are for reals for getting the last dollar before it's too late. $85/ minute mesages don't come

easily unless you're AIG

[tridim]

4. You'll get nothing, and like it.

[Jacobin]

6. Hey. Hookers and Blow don't come cheap

Nobody told them to stop spending money like there was no tomorrow. The government gave them billions to keep doing what they are doing.

[rebecca_herman]

7. well, then

Maybe they should spend less on expensive resort vacations

[guitar man]

8. screw them

They come to the taxpayers with their hands stuck out for charity, then go live it up at a resort. Now they have the gall to come ask for more?

and the horse they rode in on!! :grr:

[MannyGoldstein]

9. They're Laughing At Us So Hard They Need New Undies

My dear Lord, are we the most incredible suckers of all time?

[HopeHoops]

10. They're having a "third party"? How much will THIS party cost? Will there be strippers?

[mcollier]

11. Let the games begin!

We have been played.... Sadly the game isn't over yet...

[williesgirl]

12. They got em like basketballs! The gall after their party. FUCK NO. REC'D

[OhioChick]

13. Screw 'em. n/t

[Caretha]

14. As a friend of mine once said

"They got them some ballie lon lon son"

*use the little thingy above the "o" to pronounce correctly.

[jillan]

15. Why? are they planning a cruise to Greece for the whole staff?

FUCK THEM!

[htuttle]

16. "Bartender! Another round! Just put it on my tab..."

[Festivito]

17. Hmmm. That could explain the 36.5B$ borrowed on 10/7.

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=102&topic_id=3533081&mesg_id=3534419

[kayakjohnny]

18. You know that in South and Central America, business people know, and certainly ceo's know

that you're bound to feel the wrath of the downtrodden at any moment. They will come for you and they will come for your family members. They will kidnap you or your family and hold them for ransom. Or they will just kill you outright. That's why the smart ones live in gated communities and have body guards at all times.

I'm not saying that it's the sort of thing that should happen here. What I am wondering is, why it hasn't happened here yet. Where is the tipping point? What if someone loses every thing to these guys and has nothing to lose. What if they have a terminal illness and have nothing to lose. Is there a point where the public finally turns on these guys?

[KamaAina]

19. 38 billion here, 38 billion there...

...pretty soon it adds up to real money! :eyes:

For reference: 38 billion dollars equals about five months' worth of illegal, immoral Iraq war of occupation.

[bluesmail]

20. They might as well ask for heaven. (Oh they did? )

[eilen]

22. That will be a big fat NO

no soup for you!

irt those gated communities these fat rich assholes live in, their security guards in those little gatehouses are not very swift; and I don't think they get healthcare. (Disclosure: my Dad lived in one -- and we hated it-- and the security idiots barely spoke English). I think they could be persuaded.

My MIL lives in a gated community that contains another gated community for the super elite in FL.

[Celeborn Skywalker]

24. Must be nice.

I wish I could "tap the Fed" when I needed cash. Fuckers.

[tylerdee]

26. Am I the only one still floored by this??

[indypaul]

27. The law deals harsly with man or woman

Who steals a goose from off the common,
But lets the greater felon loose
Who steals the common from the goose.