Government bailouts of Companys

[Flipx99 5,000+ posts]

Doesn't the FED now own a percentage of AIG now? And yes I know the FED is not a govt entity.

lol....

No, not yet. They own warrants. In the case that AIG defaults on the loan, the Fed will seize 79.9% ownership. The current amount of stock will increase such that the Fed will own 79.9% and the general public will own the remainder. The value of each individual share will decrease.

 

[Flipx99 5,000+ posts]

Also, I am in class and will uninstall your stuff after I get home.

 

[528hz 10+ year member]

Thanks for clearing that up. I remember reading the 79.9% and for some reason and I thought that was what the FED gained upon release of the loan to AIG. That would have been one HELL of a deal, you think. I knew you would know.

Oh, no big deal on the KXs man!

lol....

No, not yet. They own warrants. In the case that AIG defaults on the loan, the Fed will seize 79.9% ownership. The current amount of stock will increase such that the Fed will own 79.9% and the general public will own the remainder. The value of each individual share will decrease.

 

[chunky cumz 10+ year member]

I just listened to a Constitutional lawyer said Gov't bailouts are unconstitutional to do unless it benefits every citizen in the country.
This will go to the courts I'm sure.

ehhh...

i dont know how old everyone is that i am talking to but this isnt the first time goverment bailouts have happened.

Also from "roughly" 1991-2005 the economy has been pretty stable to say the least. "Hints" not so many goverment assistance in between this time. If you go back and look at stock prices of the past and company failures you will notice there is always a wave of this nature.

The 50's was a huge turning point in America so look at the economy reports from there till now.

(dont go look at the extremist BS, you can read whavever you want but if something looks to good/bad to be true then they are probably only telling what they want you to know. )

 

[Flipx99 5,000+ posts]

NONONO, sorry i should have explained a little better. best explained like this....

IE:

If the democratic party wins 2 members of morgan stanley will actually have a chair on the democratic party.

not chairmen of the company... in some ways this is kinda fuked up beacuse they have ties in the goverment, otherways its good because the goverment is more aware of economic issues.

I am certain various financial firms already have established ties with political parties.

I just listened to a Constitutional lawyer said Gov't bailouts are unconstitutional to do unless it benefits every citizen in the country.
This will go to the courts I'm sure.

This isn't a bailout. Tell your Con Law person to get in the way-back machine and look what happened to Chrysler in 1979.

 

[Flipx99 5,000+ posts]

ehhh...i dont know how old everyone is that i am talking to but this isnt the first time goverment bailouts have happened.

Also from "roughly" 1991-2005 the economy has been pretty stable to say the least. "Hints" not so many goverment assistance in between this time. If you go back and look at stock prices of the past and company failures you will notice there is always a wave of this nature.

The 50's was a huge turning point in America so look at the economy reports from there till now.

(dont go look at the extremist BS, you can read whavever you want but if something looks to good/bad to be true then they are probably only telling what they want you to know. )

Could the reduction in government assistance also be because of the reduction in benefits under the changes in TANF during the Clinton administration?

 

[chunky cumz 10+ year member]

I am certain various financial firms already have established ties with political parties.



This isn't a bailout. Tell your Con Law person to get in the way-back machine and look what happened to Chrysler in 1979.

Part 1. Absolutely, without a doubt, these companies do not proclaim themselves as either demo or rep but if you notice you wont have both types in the same entity.

Part 2. EXACTLY!

 

[chunky cumz 10+ year member]

Could the reduction in government assistance also be because of the reduction in benefits under the changes in TANF during the Clinton administration?

TANF huh....

goes back to me stating

50%...(argued earlier by someone, but i am just being concervative.)

50% of america thinks they are owed something.

"cough" lazy bastards"cough"

 

[streetbeater 10+ year member]

idk i took american government last semester. i **** at school but i thought it only had to benifit a small group.

 

[chunky cumz 10+ year member]

These companies do so much for the economy and employment of US people that they without a doubt deserve assistance, if the gov choose to step in an seize something, **** it! let em!. I think this is better than standing abck and watch everything fuk up like bush did with Katrina Victims. (just example)

 

[chunky cumz 10+ year member]

idk i took american government last semester. i **** at school but i thought it only had to benifit a small group.

there is something for every small group except middle class america.

social security for the lazy, disabled, and old

money for large industies so they dont go under and then can tax them for the money given to them. lol

Indians go to college for free and no tax on their casinos

Whites have the KKK (yes the kkk is a goverment controlled group lol)

 

[benchambers80]

just because I speak of things that our above your comprehension level doesn't mean that I am stupid. //content.invisioncic.com/y282845/emoticons/fyi.gif.9f1f679348da7204ce960cfc74bca8e0.gif that just means that you fail at life, or maybe your parents fail at raising a child that has practially no knowledge of anything.

I think they succeeded at that.

 

[Slammed 5,000+ posts]

ugh inflation //content.invisioncic.com/y282845/emoticons/crap.gif.7f4dd41e3e9b23fbd170a1ee6f65cecc.gif

 

[groundpound4200 5,000+ posts]

I think AIG sucks anyway. Government shouldn't bail them out because they obviously dont know how to manage a company.

Farm Bureau FTW suckaz.....

 

[nosaj070 10+ year member]

This is entertaining, but extremely frightening that this issue is going to play a huge issue in the upcoming election and very few people grasp it.

There have been accurate points, on the right track points, and off the reservation points.

First AIG was not bailed out because they are multinational, that has little to do with it, it is like previously mentioned that their demise would literally mean financial demise for the country entirely which would ripple throughout the globe. This would be bad, much worse than giving them two years to pay back their debts from the gov't.

As far as Lehman, they did file bankruptcy and were then bought by Barclays. Essentially they went to shit, took advantage of our bankruptcy laws to offload their obligations and Barclays came in to get a steal on a very solid firm.

Are we in a depression? Hell no. A recession? Now I'd say yes.

Is this the worst financial meltdown in relatively recent history? I'd say yes. There are going to be more failures and more mergers/buyouts and it is going to take some time to bounce back.

The market is a mess, peoples savings (if they had them) are being wiped out. Hell look at GE, their stock price is essentially the same as it was ten years ago. I just please ask that people research these things before baselessly ranting about their false opinions especially because of the upcoming election.