Also see: AIG May Default on Government Loan
"AIG plans to sell some assets to pay off debt
Insurer American International Group said it plans to sell a number of business units to pay off its massive government loan. The plans, expected by Wall Street, drove up AIG's shares 3.8 percent to $3.85. But it now leaves investors wondering how much AIG will be able to raise from the sales. On the brink of failure last month, AIG was bailed out when the government offered it an $85 billion loan during the ongoing credit crisis. In return for the loan, the government received warrants to purchase up to 79.9 percent of AIG (AP)."
And what if they CAN'T PAY? Then what, taxpayers?
Looks like you just TOOK ANOTHER LOSS!!!!!
This as the POLITICIANS and MSM say you MIGHT PROFIT from this, taxpayers!!!
Well, I GOT NEWS for YOU!!
You ain't gonna be "profiting" from this LOOTING at all!!!!!
