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To: jpk1 who wrote (190885)	3/16/2009 8:09:12 AM
From: James Hutton	Read Replies (1) \| Respond to of 306849

"As we bail out AIG we are essentially providing more bailout money to banks, just covertly." I think the quasi-legal term is money laundering.

To: jpk1 who wrote (190885)	3/16/2009 11:54:05 AM
From: Sr K	Read Replies (1) \| Respond to of 306849

Doesn't this also mean that the banks that "want" to pay back the TARP funds will not be able to extricate themselves so easily, until they repay that flow-through from AIG's bailouts?

To: jpk1 who wrote (190885)	3/16/2009 12:02:44 PM
From: Les H	Read Replies (2) \| Respond to of 306849

Why should they get full value for their debt holdings if they're getting payoffs on the default protection?

To: jpk1 who wrote (190885)	3/16/2009 2:19:38 PM
From: geode00	Read Replies (1) \| Respond to of 306849

The last bailout number I heard was $8 TRILLION. That includes all the guarantees, the paying of interest on reserves, the buying of commercial paper, etc. that the taxpayer is sometimes unwittingly on the line for. What about taking this money out of the fattened hides of the people who created the problem. Even today, is there any serious move afoot to regulate this industry? Aren't there people out there gaming the bailouts and, for that matter, the stimulus? Jeepers.