SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: steve harris who wrote (700637)2/24/2013 9:48:10 AM
From: Alighieri  Read Replies (1) | Respond to of 1579785
 
try saying something like Obama gave his wallstreet cronies at AIG $70 billion of TARP money that was collected from the same Americans he's going to take $85 million from.....
What companies has President Obama bailed out since he became President and what date did he bail them out?

Obama?? .... Gave?? Keep wollowing in your fantasy, hate filled alternate universe ...

Al
=========================================================================

September 16, 2008, the Federal Reserve Board, with the support of the Treasury Department, authorized the Federal Reserve of New York to lend up to $85 billion to bailout American International Group (AIG).

October 8, 2008 Federal Reserve increases AIG bailout by $37.8 billion.

November 10, 2008, the Federal Reserve and Treasury Department announced a restructuring of AIG's bailout, increasing its total loan package to $150 billion.

September 8, 2008, the federal government seized the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. The Treasury agreed to provide up to $200 billion in capital.

December 19, 2008, President Bush made available $13.4 billion of TARP funds to General Motors and Chrysler and agreed to release an additional $4 billion to G.M. under this plan in February 2009.

================================================================================

AIG Stock Sale Repays Bailout as U.S. Government Profits

bloomberg.com