AIG Rejects Prudential Sale

Tuesday, June 01, 2010

A.I.G.'s board has rejected a plan to sell its Asian life insurance arm to Prudential, which would have provided the U.S. government with its first major bailout repayment. The New York Times finance reporter, Louise Story, explains why A.I.G.'s shareholders are holding out and what this means for the taxpayer.


Louise Story

Comments [1]

MK Ultra from Here and there.

This is baffling. AIG is concocting this to make "their first major bailout repayment"? You have got to be kidding me!

What exactly have they been doing for the past 2 years while their CEOs and other execs were taking home millions of dollars in bonuses? You actually mean to tell me that they were not repaying what we ow us, the unemployed, the homeless, the ones without insurance, retirement and whose kids have no means to obtain a higher education?

The other baffling thing is recalling all of those NYT headlines - and NPRs - boasting about all these banksters repaying the loans ahead of time and yadda, yadda, yaddah. So, I guess all that was smokes and screen, then. Another well-crafted corporate media lie.

You people should all die of shame! I truly do feel sorry for all those stupid enough who actually think that NPR reports the truth and is there to protect their best interests. You people are actually worse than the Glen Becks & Bill O'Reillys at FAUX. NPR = National Prostituted Radio.

Jun. 01 2010 10:00 AM

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