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To: carranza2 who wrote (296763)	3/17/2009 9:28:19 AM
From: Bill	Respond to of 793957

Paulson and Geithner. This swindle transcends party lines.

To: carranza2 who wrote (296763)	3/17/2009 11:15:54 AM
From: MulhollandDrive	3 Recommendations Respond to of 793957

Tuesday, March 17. 2009 Posted by Karl Denninger in Federal Reserve at 10:07 AIG: More Samurai Swords Please This is what Ben Bernanke said as recently as March 3rd: " The insurer’s first bailout package grew to $150 billion last year. After failing to sell enough subsidiaries to repay the government, the company had to turn to the government again. The company may need more support if financial markets don’t improve, the Treasury and Federal Reserve said in a joint statement yesterday. Bernanke said the revised bailout gives taxpayers “the best chance” of eventually recovering “most or all of the investments” the public has." Uh huh. Here's the truth: Pressure is mounting on the government to revise its bailout of AIG to ensure that taxpayers are repaid as much as possible of the $170 billion lent to the troubled insurer. Experts warn we shouldn't expect to get much back. No, really? Here's the stupid on this - more than half of this money has gone directly to banks without any obligation that they pay back the funds. If AIG is unable to repay the "loans" then the taxpayer will simply eat the pass-through payments that went to these institutions- including foreign institutions. This is a problem; under the TARP the taxpayers at least got something of alleged value, even if the CBO says we overpaid and thus got ripped off. In this case nearly $100 billion dollars of taxpayer funds went directly to these banks with absolutely no obligation that they ever pay one nickel of it back to the taxpayer, as our recourse lies with AIG - a company that is almost certain to be unable to repay. This sort of raw theft by deception must STOP and Bernanke and his merry band over at Treasury need to be strung up by their gonads. The American Taxpayer may need to help the banking system survive, but this sort of "back door bailout", structured in this manner for the explicit purpose of hiding what was going on and done under cover of darkness until the money had all flown out the door is outrageous. Bernanke needs to add himself to Grassley's Seppuku list. I'll pay for the sword. market-ticker.org

To: carranza2 who wrote (296763)	4/3/2009 7:22:25 PM
From: SirWalterRalegh	4 Recommendations Respond to of 793957

The AIG bailout was engineered by Paulson, an ex-Goldman CEO. Who gets the biggest chunk of tapayer funded AIG money? Clue: it isn't widows and orphans. It is, you guessed it, Goldman. How about a few comments about the billions and billions and billions that went down the rabbit hole in New Orleans. That was taxpayer money too but for a cause you endorsed. I'd rather save Goldman Sachs than pump money into a below sea level, crime invested city like New Orleans.