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Old 09-16-2008, 06:55 PM
 
Location: San Diego
926 posts, read 2,763,283 times
Reputation: 419

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government to take over a 79.9% stake in AIG as part of a loan deal. government can only own up to 79.9% of AIG without consilidating its balance sheet... dow futures are taking off!!!

this sux! i wanted AIG to collapse
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Old 09-16-2008, 06:58 PM
 
8,954 posts, read 15,896,697 times
Reputation: 6691
this is great - I want AIG to survive
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Old 09-16-2008, 07:00 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,473 posts, read 13,440,324 times
Reputation: 6345
http://www.city-data.com/forum/busin...l-out-aig.html
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Old 09-16-2008, 07:34 PM
 
Location: Charlotte, NC, USA
392 posts, read 1,265,699 times
Reputation: 260
It may be time to rename Wall Street to Fed Street.
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Old 09-16-2008, 07:39 PM
 
Location: Great State of Texas
86,093 posts, read 70,038,371 times
Reputation: 27523
Stand back and take a look at what is happening.
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Old 09-16-2008, 07:47 PM
 
Location: Bay Ridge, NY
1,915 posts, read 7,142,682 times
Reputation: 539
Unfortunately, this was necessary for the future of our economy.
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Old 09-16-2008, 07:54 PM
 
Location: Detroit, MI
24 posts, read 42,009 times
Reputation: 34
This is a total consolidation of power. They are robbing us blind. You are seeing the birth of a true fascist state.

This is the takeover.
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Old 09-16-2008, 07:55 PM
 
Location: where you sip the tea of the breasts of the spinsters of Utica
8,305 posts, read 11,838,013 times
Reputation: 8038
Is it the Federal Reserve Board or the feds who are gaining control? I get them confused.
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Old 09-16-2008, 07:56 PM
 
Location: Bay Ridge, NY
1,915 posts, read 7,142,682 times
Reputation: 539
Quote:
Originally Posted by Woof View Post
Is it the Federal Reserve Board or the feds who are gaining control? I get them confused.
It's the feds.. definitely the feds.
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Old 09-16-2008, 07:59 PM
 
Location: Broward County
2,518 posts, read 9,710,377 times
Reputation: 1333
I can't believe it....where is the accountability ? Now all the major banks are gonna expect the Feds to break their fall.
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