Monday, November 1, 2010
AIG Today- After the Bailout
Read this current article about AIG. Remember, we discussed this company with the movie, Inside the Meltdown. Where are they today? How are they doing? This article is for November 8th.
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23 comments:
AIG announced that it raised almost $37 billion from the divestment of two foreign insurance units and will use that money to repay the government bailout issued a few years ago. The Treasury Department stated that if the AIG stocks stay where they are then the govenment will make money.
This is excellent news! In 2008 AIG was one of the many responsible parties of the financial collaspe, thus resulting in financial interjection. But now AIG is said to have made a great divestment and will repay all of The government bail out money and some.
It's good they are repaying the loan, but they shouldn't have needed it in the first place
I think it's great that AIG is repaying the bailout money back. They were a big part of the collapse and are doing the right thing by paying it back. Now maybe if everything stays the way it's suppose too then the government will make some money.
At least someone is stepping up in this horrible economy to pay somebody some amount of money back. I have to agree with others that AIG played a big role in the collapse of the financial world and the economy. Its nice that they are getting back on track with their finances and will pay the government $37 billion that they owe to them. Hopefully this helps to jumpstart other business's.
This is great news for the american economy because of how big AIG was, how they fell, and how they're recovering, this should be great for our economy and help us greatly in a stuggling time.
I think it is great that AIG worked to get the money and repay the government. They are a huge part of our economy and had a huge impact on the recession earlier. The only question I have is: is AIG now going to be intertwined with more banks? I didn't really understand how they got the money.
I think it is a good thing that AIG is paying back their loan. In my opinion that should make the government feel more secure when someone needs to be bailed out in the future
AIG raised almost $37 billion from the divestment of two foreign insurance units and will use that money to repay the government bailout. I think that this is great. I hope that this gets businesses back on track.
This is excellent news! In 2008 AIG was one of the many responsible parties of the financial collapse. it is great that AIG worked to get the money and repay the government. The only thing im not sure about is how AIG got the money.
I think AIG is making a good decision by paying back the loan. They had to pay back the government $37 billion. I also wonder how they got all that money.
AIG is currently up in stocks. This is a good thing for our economy. AIG is planning to pay back the bail out that the government gave them. AIG was one of the big companies that helped to cause the financial collapse of the economy in 2008 but it's good that they are coming back and paying what was loaned to them. IT could possibly help jump start the ecomomy even more. I my opinion this is an extremey good thing for the U.S. economy.
AIG is doing themselves and the government a favor for paying back their loan...This will certainly help themselves in a long run, and will make money fast.
Good for AIG. Now if everyone would follow their lead maybe we could be in a better economic position.
I think that AIG reaying the bail out money is a great thing. They were a huge part of the collapse in 2008. They were given a lot of money, so with that money going back to the government... i just hope the government is responsible with it. Unlike how they usually are with money.
Even though AIG raised 37 million dollars it through the divestment of two foreign insurance companies doesn't mean it is going to completely bail them out of the debt they are in. This is most definately though a good step in the right direction.
At least AIG understands what is needed from them and that they are doing what they have to do to fix the issues they have caused our economy with all the money needed to bail them out, should they have made the decisions that put them in need of the money in the first place? No. But people make mistakes, and at least they are paying back for this mistake
AIG paying the bailout money back is great. They helped cause our fall. This is going to help our government get some money back.
AIG played a big role in the financial collapse, and the fact that AIG is paying back the bailout is wonderful news, even in the tough economy.
AIG was a major company that helped america into the economic recession. recently they have gotten out of this rut and is maintaining their business. They have bailed out some of the other banks.
What some people don't know is that many of the executives who received bail out money used it for themselves. Instead of using it for their companies, they gave themselves the money and then allowed the business to collapse, thereby protecting themselves.
The government should have allowed these businesses to crash. If they cannot be responsible with their won money, why would anyone give them OUR MONEY (which was paid by you through taxes)??? Mr. Obama just used your hard earned tax dollars to give a corporate CEO a nice big fat retirement check. The money they pay back inst worth nearly what they borrower, so they need to pay back more.
Im glad that AIG is repaying the 37 billion to the government. Many companies have yet to pay back the government and won't for years to come. At least some companies in the country do what is right and set a good example.
loans are over rated if you dont have the money dont buy it!
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