AIG scam

Basically we have a scam by a giant insurance company. They took our money. AIG plays and the poor man pays. Here is mysterious Schedule A from AIG. Much of payments went to foreign banks that were in woe. Yes, they pay them with our money.

AIG injuction

Lawyers in California block AIG from transfer money out of state because it may not have enough money. They believe AIG cannot cover existing policies. This is sad news when world's biggest insurance company is sue in court.

AIG to get loan

World's largest insurance company AIG will get a bridge loan of 85 billion from gov to help it survive. The situation is worse every day as Wall Street tries to digest even more bad news. Mortgage meltdown is now affecting insurance companies and threatens to take down the whole financial macroeconomic infrastructure with people's money on the line. Already the FDIC is having to borrow money from the treasury.