The Mudcat Café TM
Thread #114861   Message #2751286
Posted By: Q (Frank Staplin)
23-Oct-09 - 03:56 PM
Thread Name: BS: Kucinich on the Bailout - interesting!
Subject: RE: BS: Kucinich on the Bailout - interesting!
Anyone who invested in AIG when it hit bottom has enjoyed excellent returns.
AIG is owned by many individual stockholders, as well as many pension funds, insurance companies and governments who invest to pay retirees, build structures, and keep their operations above the 'red line'. Literally millions have an interest in the company in one way or another.
House of cards notwithstanding, our financial system has helped growth since well before the Venetians.