Treasury Sells Last of AIG Stock. Bailout Results in $23B Profit to Taxpayers

Gmash · December 14th, 2012, 08:57 AM

Treasury to sell remaining AIG shares - Dec. 11, 2012

I remember all of the conspiracy theorists swearing that the government wanted to own the banks and GM (commonly derided as Government Motors at the time) forever.

ElasticNinja · December 14th, 2012, 10:52 AM

Good, lets hope these guys are regulated properly so this never happens again.

Gmash · December 14th, 2012, 03:17 PM

Quote:

Originally Posted by ElasticNinja

Good, lets hope these guys are regulated properly so this never happens again.

I won't hold my breath lol.

ElasticNinja · December 14th, 2012, 03:19 PM

Quote:

Originally Posted by Gmash

I won't hold my breath lol.

Me neither, vested interests everywhere. In many parts of the world the financial system has the state by the balls, one needs only look at the City in the UK.

Speed Daemon · December 14th, 2012, 03:37 PM

Quote:

Originally Posted by Gmash

I won't hold my breath lol.

Don't hold your breath, but do make your wishes known to your elected officials, and vote against the ones who favor the banks over you.