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08-24-2012, 09:24 AM #1
New York Fed wipes its hands of AIG, makes $18 billion in the process.
Remember when we bailed out AIG? Shockingly, the taxpayers will actually see a profit from this. The Treasury Dept. will hopefully do the same as it draws down it's share in the company.
http://money.cnn.com/2012/08/23/news...html?hpt=hp_t3
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08-24-2012, 09:53 AM #2
Great news. Only $7 billion more profit needed to offset the losses of the GM bailout.
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08-24-2012, 11:57 AM #3
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