[voice, body shaking] “We’re really gonna to make it work this time, promise…Seriously, really, from one Joe to a Bro.”
AIG Is In Talks With Government To Secure Additional Funds to Keep Operating [CNBC]
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Sing along with the crackhead!
http://www.youtube.com/watch?v=iqVMC4yJVZY
Just say no
Fed Loan amount exercised (as of Oct 24th): $90.3 Bn
Days since: 122
That averages to $740.164MM a day.
Not a bad haul!
Where is all the money going? Did they really write thant many CDS’s, and in the unlikely event that the recession ends without all those CDS-covered companies going bankrupt, will we get our money back?
Bess – that headline is so good it’s Post-worthy.
#4 – No, we’re not getting our money back.
Bail out on Steriods
There will be more to come even after this from them. Expect AIG alone to cost $300bn.
ummm… is novation of these CDS completely off the table?
BAILOUT SURFIN U.S.A.
(Surfin U.S.A., the Beachboys)
WilliamBanzai7 and the Bailout Boys
Singalong link: http://www.youtube.com/watch?v=k1FaflUn4Co
Listen everyone there’s a Bailout ocean
Across the U.S.A.
Greedy bankers n CEOs are surfin’
Like its gold rush Californ-i-a
You’d seem ‘em wearing their Hermes ties
Bespoke brogues too
A big flashy French jet will do
BAILOUT U.S.A.
You’d catch ‘em bailout surfin’ at CITI
(Inside outside U.S.A.)
AIG’s bottomless line
(Inside outside U.S.A.)
Detroit City and Charlotte
(Inside outside U.S.A.)
Why won’t someone draw a line
(Inside outside U.S.A.)
All over East Side Manhattan
(Inside outside U.S.A.)
Goin down the faux capitalist way
(Inside outside)
Everybody’s gone bailout surfin’
BAILOUT U.S.A.
We’ll all be planning out a TARP get away
We’re gonna take real soon
We’re waxing down our slippery surfboards
We can’t wait for Dr Doom
We’ll all be gone for the summer
We’re on a Ponzi safari to stay
Tell the shareholders and taxpayers we’re bailout surfin’
BAILOUT U.S.A.
Everybody’s gone bailout surfin’
BAILOUT U.S.A.
Everybody’s gone bailout surfin’
BAILOUT U.S.A