AIG ships billions in bailout $$$$$ abroad

[Hepburn]

Billions of American taxpayer dollars used to bailout insurance giant AIG are flowing to some of the largest foreign banks in the world, according to new documents released by beleaguered company Sunday.

The revelation seemed sure to cause political complications for President Barack Obama and his economic team, already on the defensive Sunday over why they couldn’t stop AIG from doling out $165 million in bonuses to some of its top corporate officials – even as the company was receiving a massive infusion of taxpayer funds.

The documents AIG released account for some of the more than $180 billion in aid that AIG has received, and they detailed for the first time which financial firms are benefitting from the federal handout.

In all, AIG disclosed payments of $105.3 billion between September and December 2008. And some of the biggest recipients were European banks. Societe Generale, based in France, was the top foreign recipient at $11.9 billion, Deutsche Bank of Germany got $11.8 billion and Barclays, based in England, was paid $8.5 billion.

http://www.politico.com/news/stories/0309/20039.html

WTF?!?!?!?!?!?!?! :grr:

We bail them out...and they send the MONEY OVERSEAS!?!?!?!?!!?

I don't know about you, but my opinion is: NO MORE MONEY FOR A.I.G. ~~ LET THE BASTARDS GO UNDER!!!!

[Booster]

1. I'll certainly second that. There's not enough money in the

world to satisfy the bloodsuckers at AIG. Let them go down in flames.

[Hepburn]

2. Insurance companies....

...they are the RICHEST industry in the U.S. And the bastards got that way from DENYING claims of their clients.

Fuck them...and feed them peanuts.

JMHO