The government threw another $30 billion at AIG, Reuters says. Angry Bear says this sorta kinda makes sense, and explains why, although he is not without concerns.
The Mahablog
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The government threw another $30 billion at AIG, Reuters says. Angry Bear says this sorta kinda makes sense, and explains why, although he is not without concerns.
Riddle me this…
Why aren’t other countries helping us bail AIG and other companies out? These are international companies, right? Interwoven market’s and all that hoo-haw. So, why aren’t the Big 8, or 7, or 20 or 7 and 3/8’s, tossing a few bones to help these INTERNATIONAL companies recover?
Enquiring minds want to know…
How our national piggybanks ended up filled, not with pennies, but with helium.
Before banks went bust, they went modernist, and in a final burst of creativity, postmodernist.
The Bush Administration and financial services conspired to pillage and rape America and now we see the results…but we have not reached bottom as yet. Pres Obama will be one of the great Presidents because he is working for the American people and everything he is doing is to undo what has driven this great country into a ditch. CHANGE for AMERICANS is coming in the form of the Pres and his great administration. We will be the greatest country again in less than 12 months time. That is my 2009 prediction!
C U N D — that is an excellent question. Maybe the talking heads or business reporters should ask it… no, I don’t think they will.
Why aren’t other countries helping us bail AIG and other companies out? These are international companies, right?
Yeah, where’s that ranting punk Santelli when there’s a real question to be asked?
We will be the greatest country again in less than 12 months time.
Eep… that’s a tall order! But bless you, Fred, and your optimism. If Obama gets 8 years in office, and by the end of that span has returned the U.S. to Year 2000 status, I’d be thrilled.
Nobody would design a system without redundancy. You would not want to fly in a jet that could not continue flying after the loss of one engine.
When are ouur elected representatives going to square off and face down the source of the problem — that some companies are too big to fail.
How long will it take us to be reintroduced to the time-tested alternative of splitting the biggest into multiple competitive smaller companies?
Who’s in charge?