A Question for A.I.G.: Where did the money go?

[alfreda89]

This is probably TMI for most of you, but here's the NYC link --

http://www.nytimes.com/2008/10/30/business/30aig.html?em

We're talking billions loaned by the government -- and of course A.I.G. cannot -- or will not -- tell us how it is spending this money.

And it's OUR money.

Comments

Not that I'm an expert

[dragonherder1.livejournal.com]

But gone is gone. Best to get AIG out, painful though it is :-/.

Yuck.

David

Again, not an expert.

Re: Not that I'm an expert

[alfreda89.livejournal.com]

It would probably be like K-Mart -- someone buys them, but they won't honor the original stock shares.

If you can move fast, see if you can sell the actual certificates on Ebay....