RyanTheRhino
Well-Known Member
This is a good sign. BofA Citi and other banks are doing very well recently. The rest of AIG will be sold back to the public for a $22.7 billion profit to the government. The whole process is still in the red but the AIG pay back is large enough to cover most of GM's debt. With the banks gaining strength its only a matter of time before the gap begins to closed.
Counter arguments say that if the government used the AIG money differently it would have returned more profits. I see this as speculation with no proof. The point is that AIG has returned profits and that is a very good sign for economy.
The numbers here are mere pennies to our total deficient but i think it has bigger implications.
Counter arguments say that if the government used the AIG money differently it would have returned more profits. I see this as speculation with no proof. The point is that AIG has returned profits and that is a very good sign for economy.
The numbers here are mere pennies to our total deficient but i think it has bigger implications.


