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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (479660)	5/11/2009 12:14:09 PM
From: tejek	Respond to of 1571535

"yeah, that's why Geitner funneled over 90 billion dollars to AIG so they could launder it overseas without Congressional approval." It had to be done. Else international trade would have remained frozen. The precariousness of the international banking system was why the letters of credit weren't being accepted by shippers. Bailing out AIG solved that. There might have been a better, cheaper way, but the clock was ticking. When it comes to AIG, I don't think it was Geitner......I think Paulson was still on the scene.