AIG to get $22 billion more in U.S. taxpayer funds

AIG to get $22 billion more in U.S. taxpayer funds

AIG to get $22 billion more in U.S. taxpayer funds

I keep hearing nonsense from the media that AIG will is profitable for the US taxpayer.  I say nonsense because they are still asking for billions of dollars from us again.  Why would they need more money if they are supposedly profitable?

When will this AIG bailout finally end?  The media spin is hard to believe when the banksters are still drawing bailout money.  This is like a friend telling you he won the lottery but then turns around and  asks  you for a $20 loan till payday.

Reuters:

(Reuters) – Bailed out insurer American International Group will get up to $22 billion more in U.S. taxpayer funds to facilitate its restructuring and prepare for an eventual government exit, the U.S. Treasury said on Monday.

But the Treasury reiterated that it expects the government to earn an overall profit on bailout investments in the insurance giant — once as high as $180 billion — assuming the AIG restructuring announced on Sep...


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