Comments on: Fed Grants AIG Additional $37B Loan

Insurance Giant Got $85B Bailout Last Month; White House Calls Firm's Near Half-Million Dollar Executive Retreat "Despicable"

[tomar0317]

What''s the matter with this picture???? No wonder we''re in such a mess. Now we give more money to the guilty partiers??????

[generey]

After they assailed, the White House staff all went to Disneyworld!


--------------------------------------------------------------------------------

Posted by ocguy64 at 04:58 PM : Oct 08, 2008

NOW THATS funny LOL! (& probably true!).

[stucald]

it is every man for himself now!! I got me a job but if I didn''t I would just have to take your stuff!!!

[generey]

We are a foolish nation if we continue to vote for incumbents, even at the local levels.


--------------------------------------------------------------------------------

Posted by mellie1957 at 03:12 PM : Oct 08, 2008

There you have it. It is up to the people to vote out every incumbent. If they dont then there is no one to blame but the people themselves. We will see.

[marshall65]

Here''s a pathetic effort: "If you noticed, it has been only the last 2 years that
the economy has taken a real pitfall. "..This person must have been doped up or asleep for 6 of 8 Bush years not to notice that the market and economy were tanking within a year of GW''s inauguration. As for the rest of the racist garbage in that message it is pure lamebrain. The last word or two goes to NSA and Treasury department. They have no trouble back tracking these messages.

[lambofgoth]

ocguy64... I disagree. Why leave one fantasy land for another?

[pci7763]

If you noticed, it has been only the last 2 years that
the economy has taken a real pitfall. That was when the congress was taken over by the liberals!!!!!!! You cannot blame Bush for all of it. Who is asking for billions in Pork Barrel spending?????? Hmmmmm, let me guess, his name sounds like.....!!!! Oh yeah! Barack Hussein(same as Saddam!!)Obama!!! Who in God''s name wants that to be the name of a President of the United States. Take a deeper look at this guy, nobody knows him from squat and all of a sudden he is popular. I might find this election to be filled with racism!!!!!!!! All of the people who have never gotten off of their butts are going to suddenly vote because of the color of the candidate, that is pitiful. Not one of them is educated on who this man really is. How sad for this country. Don''t think there isn''t going to be some kind of revolt. It will happen.

[bill1fj]

Obama and McCain both took millions of dollars from these organizations.
Vote "None of the Above"

I wish

[bm6005]

remember that speech you gave to all the big contributors to your campaign?
remember how you said that people criticized you for being elitist and only for the wealthy?.... by egresor

Or how about the infamous "my kind of people, the haves and the have mores"?

[bobnjersey]

[the point is they never should got it in the first place. Too many greedy fools figured they could cash in if the borrowers failed. Maybe I''''m just overly cautious but the whole "subprime" thing was one of those too good to be true. Steps could have been taken and they weren''''t. Period.]
[Posted by Emmer94 at 04:19 PM : Oct 08, 2008]

i%u2019ll try again. besides trading in bonds and securities ... there''s a huge market in trading in debt. in fact, with the right strategies ... and enough capital ... investing in debt (payment streams into the future) can be quite lucrative.

this isn''t a ''big bad boogey man'' type thing ... those who are buying the payment streams make it possible for the front line entities (banks/mortgage cos) to offer credit to those that are eligible. the eligibility requirements ... whatever they are ... are there to mitigate the risk of not having the payment stream continue for the term of the loan

just because those that invest in payment streams (debt) want to make a profit doesn''t make them the scourge of the earth ... they wouldn''t be making their capital available if there wasn''t some sense that they''d have a positive return.

efforts to make mortgage money available to those w/ less than ''prime'' credit is not the problem ... it''s the shenanigans that followed in morphing a mortgage into a complex investment instrument that nobody understood that created the issue.