Wednesday, March 11, 2009

AIG Confidential Report to Congress: Save Us or We are All Dead


Last week I told you about a 21 page confidential report circulating in congress. The report was produced by AIG and details the financial destruction that would be unleashed if AIG was allowed to fail. I stumbled upon the report in my internet travels and think you should read it. Scary but interesting, and now you will know why the government has backstopped them with $160 billion plus and will continue to pour billions in the months and years to come into the financial black hole known as AIG..-Lou

Read Report Here:

No comments:

Post a Comment