Monday, March 16, 2009
AIG Bonus , Shareholders including Taxpayers gain
let's try and get this straight. i don't like to see our taxpayer bailout money go to bonuses but can we at least take a second to follow this through. we, the taxpayer, have bailed out AIG hundreds of billions of dollars. for this, WE, the people, received 80% of this company (aside from the primary reason to bail them out which would have been the collapse of many other institutions). now don't get me wrong, i am no apologist for aig, and wall street. i don't like it either that we hear from john mccain now that we shouldn't have bailed them out(quite different than the side he took during campaign). but i digress. We the taxpayer gained 66% on our AIG shares just today. let's stay on aig to do the right thing but let's also make sure that we do in fact profit, if there is something to profit from.
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