Go Back  HuntingNet.com Forums > Non Hunting > Politics
 Ownership Interest in AIG >

Ownership Interest in AIG

Politics Nothing goes with politics quite like crying and complaining, and we're a perfect example of that.

Ownership Interest in AIG

Old 09-17-2008, 12:21 PM
  #1  
Thread Starter
 
Join Date: Mar 2008
Posts: 232
Default Ownership Interest in AIG

The board of directors for AIG have released the following statement:

"In return for providing this essential support, American taxpayers will receive a substantial majority ownership interest in AIG."

If I had wanted an ownership interest in AIG, or any other company, I would have called my broker and instructed him to purchase shares of it for my portfolio. Instead, I wake up this morning and find that I have an ownership interest in this company whether i wanted one or not. After Bear Stearns, Freddie Mac and Fannie Mae and now this I am starting to wonder whether we still have a free market economy or not.
SP10 is offline  
Old 09-17-2008, 12:39 PM
  #2  
Boone & Crockett
 
Lanse couche couche's Avatar
 
Join Date: Dec 2005
Location: Southwest Ohio
Posts: 10,277
Default RE: Ownership Interest in AIG

In terms of infringement on a "free market" and other forms of government involvement in provate business, that boogie train left the station at the end of the last century.
Lanse couche couche is offline  
Old 09-17-2008, 01:00 PM
  #3  
Giant Nontypical
 
DougMD's Avatar
 
Join Date: Feb 2003
Location: Gambrills Md US
Posts: 6,080
Default RE: Ownership Interest in AIG

Obama must be tickled!
DougMD is offline  
Old 09-17-2008, 09:10 PM
  #4  
Boone & Crockett
 
James B's Avatar
 
Join Date: Feb 2003
Location: Wall SD USA & Jamestown ND
Posts: 11,474
Default RE: Ownership Interest in AIG

Who is going to bail out the tax payer? I am so sick of this crap. I wonder what the CEO's of that company got paid to run it in the ground?[:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(]
James B is offline  
Old 09-18-2008, 07:10 AM
  #5  
Fork Horn
 
Join Date: Jun 2007
Location:
Posts: 392
Default RE: Ownership Interest in AIG

AIG is getting a LOAN at double digit rates no less. If they recover from this recession and pay back the loan, the taxpayers will make a profit - that will go to pay for all the borrowed money we've been spending for the last 8 years.

If you're worried about spending the taxpayer's money James, they don't have any to spend and haven't for many years - our taxes are simply going towards interest payments at present.

The money we are actually "spending" is borrowed in hopes our great grandchildren might pay it back - maybe.

Or else we'll just default and China will "bail us out" and we'll be their bitch for real.


fodderblade is offline  
Old 09-18-2008, 07:16 AM
  #6  
 
BigTiny's Avatar
 
Join Date: Dec 2006
Location: Louisiana
Posts: 3,145
Default RE: Ownership Interest in AIG


ORIGINAL: fodderblade

AIG is getting a LOAN at double digit rates no less. If they recover from this recession and pay back the loan, the taxpayers will make a profit - that will go to pay for all the borrowed money we've been spending for the last 8 years.

A loan? When the gov holds a majority interest, it's not exactly a loan. And, if the gov owns the company, is it still AIG? Do they now have to publish a 5-year plan?
BigTiny is offline  
Old 09-18-2008, 07:16 AM
  #7  
Fork Horn
 
Join Date: Jun 2007
Location:
Posts: 392
Default RE: Ownership Interest in AIG

PS:

Thanks to all the taxpayers who are paying the interest payments on the borrowed money from Chinathat the feds are lending to AIG. AIG is my life-insurance provider and I REALLY hope they don't go belly up. My wife and kids may need that money someday.

(If Ron Paul were dead, he'd be rolling in his grave)
fodderblade is offline  
Old 09-18-2008, 07:45 AM
  #8  
Nontypical Buck
 
Join Date: Dec 2003
Posts: 3,913
Default RE: Ownership Interest in AIG

ORIGINAL: James B

Who is going to bail out the tax payer? I am so sick of this crap. I wonder what the CEO's of that company got paid to run it in the ground?[:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:@][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(][:'(]
I sell for AIG. His severence package was more than most any 3 of us will make in our lifetimes.[>:]
buttonbuckmaster is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
petasux
Politics
20
07-23-2008 11:45 AM
Rebel Hog
Guns
12
04-28-2007 03:11 AM
tschaef
Whitetail Deer Hunting
28
06-22-2006 02:12 PM
aunsaber
Politics
1
07-24-2004 03:50 PM
sargec33
Bowhunting
6
09-23-2002 07:05 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Quick Reply: Ownership Interest in AIG


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.