61.7
By Creature
That's the number of dollars, in billions, lost by AIG in the fourth-quarter of last year. It's the biggest quarterly lose in the history of quarterly losses. It also means we, the people, will be ponying up another $30 billion to help keep this house of cards standing. That's $30 billion on top of the $150 billion already used to prop this giant up. Ridiculous. Don't get me wrong, I understand the systemic risk involved, but that doesn't mean I have to like it.
That's the number of dollars, in billions, lost by AIG in the fourth-quarter of last year. It's the biggest quarterly lose in the history of quarterly losses. It also means we, the people, will be ponying up another $30 billion to help keep this house of cards standing. That's $30 billion on top of the $150 billion already used to prop this giant up. Ridiculous. Don't get me wrong, I understand the systemic risk involved, but that doesn't mean I have to like it.
Labels: AIG, bailouts, economic crisis
posted by creature at
8:54 AM
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