|12-12-2012, 10:18 AM||#1|
Join Date: May 2005
Location: washington, D.C.
Gubment Sell Shares of AIG.
TARP was a wild success
Treasury Earns $7.6 Billion From Sale of Last Shares in A.I.G. - NYTimes.com
Last edited by 12thMan; 12-12-2012 at 11:29 AM.
|12-13-2012, 12:27 AM||#4|
Join Date: Jun 2004
Location: Springfield, VA
Re: Gubment Sales Shares of AIG.
23billion in profit during government ownership. maybe every now and then we can do something right.
Who says shameless self promotion is stupid? oh yeah, that was me... Click For Tunes!
|12-13-2012, 10:28 PM||#5|
Join Date: May 2012
Re: Gubment Sell Shares of AIG.
If this is what you call a "wild success", 12th, I don't want to see what you call a failure.
Keep in mind, this was a case of increasing the money supply, giving corporations interest-free loans with said money, profiting on speculation, then giving said paper profit back to the government. Funny how since Obama continued what W started, propping up corporations isn't considered evil anymore...
Last edited by HailGreen28; 12-13-2012 at 10:35 PM.