The American International Group is rapidly running through $123 billion in emergency lending provided by the Federal Reserve, raising questions about how a company claiming to be solvent in September could have developed such a big hole by October. Some analysts say at least part of the shortfall must have been there all along, hidden by irregular accounting.“You don’t just suddenly lose $120 billion overnight,” said Donn Vickrey of Gradient Analytics, an independent securities research firm in Scottsdale, Ariz.
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It was all in the plan that's why Hank Paulson asked for 700 billion so quickly. Look this robbery was put in place and people who cooperated have to be paid. AIG and others know they can do what ever they want and the White House will have their back. Look for more companies to say they to gave out all their bailout money. Now for those of you reading this and suffering from this recession take note.
Bonuses will be given out with the lowest amount being 110,000 per employee. Yes Mr. Kitty for friends of the White House and Corp.. Crooks even a clerk will get 110,000 bonus at the exspense of the taxpayers bailout money. Not a dime has gone for the reasons Hank Paulson or the White House as said it would be used for.
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