0 votes

RT: Backdoor bailout - AIG paid out more to get more

E-mails between the New York Fed and AIG officials during bailout negotiations showed that the company paid out $13 million (should be Billion) more than necessary to settle outstanding credit default swaps. Was it part of a plot to play the TARP program?
3:25 minutes

Trending on the Web

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Bump for seriousness

Over Iguanatrails,Unicorns,and Chemtrails !

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.