OUTRAGEOUS!!!! Politicians accept funds from AIG After BAILOUT !!!
Everyone is pocketing our money except us. This is infuriating! The majority of Americans were against the Bailout and now the government is adding insult to financial injury!
The below listed politicians accepted the listed amount of funds from AIG after bailout funds were provided out of our taxes.
Office Name Amount
President Barack Obama $107,332.00
Vice President Joseph Biden Jr. $ 41,350.00
Senate Chris Dodd (D. CT) $280,238.00
Senate Chuck Schumer D NY) $111,875.00
Senate John McCain (R AZ) $ 99,249.00
Senate Max Baucus (D MT) $ 90,000.00
Senate John Kerry (D MA) $ 85,000.00
Senate Joe Lieberman (D CT) $ 57,900.00
Senate John Eensign (R NV) $ 44.569.00
Senate Evan Bayh (D IN) $ 43,700.00
Senate Tom Carper (D DE) $ 37,312.00
Senate Richard Shelby (R AL) $ 31,250.00
Senate Jack Reid (D RI) $ 30,600.00
Senate Chuck Grassley (R IO) $ 27,750.00
House Charlie Rangel (D NY) $ 53,582.00
House John Larson (D CT) $ 43,000.00
House Nita Lowey (D NY) $ 31,800.00
House Michael Castle (R DE) $ 29,350.00
House Garry Ackerman (D NY) $ 27,750.00
House Jerrold Nadler (D NY) $ 26,000.00
House Earl Pomeroy D ND) $ 20,720.00
House Carolyn Maloney (D NY) $ 19,200.00
House Joseph Crowley (D NY) $ 18,500.00
House Howard Berman (D CA) $ 18,000.00
House Edwin Perlmutter (D CO) $ 14,650.00
House Steve Israel (D NY) $ 13,950.00
Thanks for your attention!
A2Z Publications LLC
http://www.a2zpublications.com/
_________________
And more reason to be infuriated!!!!
German and French banks got $36 billion from AIG Bailout
Posted by: Michael Mandel
We officially moved into the next stage of the crisis today. AIG, likely under pressure from the administration, decided to come clean about where most of the bailout money was going. In a press release with several attachments, the struggling insurer detailed which counterparties had gotten about $100 billion of the bailout funds.
I added up the various lists provided by AIG by country (see below), and the results were quite revealing. About $44 billion went to counterparties headquartered in the U.S., such as Goldman Sachs and states such as California and Virginia.
But as I expected, the majority of the funds—$58 billion—went to banks headquartered outside the U.S. The big winners were French and German banks, which pulled in $19 billion and $17 billion respectively.
To put these numbers in perspective, remember that the U.S. fiscal stimulus bill passed in February provided only $27.5 billion for highway and bridge construction.
In effect, the U.S. Treasury and Fed have been bailing out the rest of the world, to a massive degree. Is this a good thing? Perhaps.
But the U.S. cannot be the banker for the entire world. Now that the list are public knowledge, Congress is going to balk at providing any more open-ended financing for foreign counterparties. We are faced a global crisis, and it can only be solved through global action.
Here’s the country table. The detailed bank table is under the break.
Country AIG-related payments
billions of dollars
US 43.5
France 19.1
Germany 16.7
UK 12.7
Switzerland 5.4
Netherlands 2.3
Canada 1.1
Spain 0.3
Denmark 0.2
101.3
AIG-Related Payments
Country
Bank Amount Total Country
billions of dollars
Bank of Montreal 1.1 1.1 Canada
Danske 0.2 0.2 Denmark
Société Générale 11.9 France
BNP Paribas 4.9 France
Calyon 2.3 France
19.1 France
Deutsche Bank 11.8 Germany
Dresdner Kleinwort 2.2 Germany
Deutsche Zentral-Genossenschaftsbank 1 Germany
DZ Bank 0.7 Germany
KFW 0.5 Germany
Dresdner Bank AG 0.4 Germany
Landesbank Baden-Wuerttemberg 0.1 Germany
16.7 Germany
ING 1.5 Netherlands
Rabobank 0.8 Netherlands
2.3 Netherlands
Banco Santander 0.3 0.3 Spain
UBS 5 Switzerland
Credit Suisse 0.4 Switzerland
5.4 Switzerland
Barclays 8.5 UK
HSBC Bank USA 3.5 UK
Royal Bank of Scotland 0.7 UK
12.7 UK
Goldman Sachs 12.9 US
States and Cities 12 US
Merrill Lynch 6.8 US
Bank of America 5.2 US
Citigroup 2.3 US
Wachovia 1.5 US
Morgan Stanley 1.2 US
AIG International Inc. 0.6 US
JPMorgan 0.4 US
Citadel 0.2 US
Paloma Securities 0.2 US
Reconstruction Finance Corp 0.2 US
43.5 US
Just in case you don't believe it... read all about it........here
Everyone is pocketing our money except us. This is infuriating! The majority of Americans were against the Bailout and now the government is adding insult to financial injury!
The below listed politicians accepted the listed amount of funds from AIG after bailout funds were provided out of our taxes.
Office Name Amount
President Barack Obama $107,332.00
Vice President Joseph Biden Jr. $ 41,350.00
Senate Chris Dodd (D. CT) $280,238.00
Senate Chuck Schumer D NY) $111,875.00
Senate John McCain (R AZ) $ 99,249.00
Senate Max Baucus (D MT) $ 90,000.00
Senate John Kerry (D MA) $ 85,000.00
Senate Joe Lieberman (D CT) $ 57,900.00
Senate John Eensign (R NV) $ 44.569.00
Senate Evan Bayh (D IN) $ 43,700.00
Senate Tom Carper (D DE) $ 37,312.00
Senate Richard Shelby (R AL) $ 31,250.00
Senate Jack Reid (D RI) $ 30,600.00
Senate Chuck Grassley (R IO) $ 27,750.00
House Charlie Rangel (D NY) $ 53,582.00
House John Larson (D CT) $ 43,000.00
House Nita Lowey (D NY) $ 31,800.00
House Michael Castle (R DE) $ 29,350.00
House Garry Ackerman (D NY) $ 27,750.00
House Jerrold Nadler (D NY) $ 26,000.00
House Earl Pomeroy D ND) $ 20,720.00
House Carolyn Maloney (D NY) $ 19,200.00
House Joseph Crowley (D NY) $ 18,500.00
House Howard Berman (D CA) $ 18,000.00
House Edwin Perlmutter (D CO) $ 14,650.00
House Steve Israel (D NY) $ 13,950.00
Thanks for your attention!
A2Z Publications LLC
http://www.a2zpublications.com/
_________________
And more reason to be infuriated!!!!
German and French banks got $36 billion from AIG Bailout
Posted by: Michael Mandel
We officially moved into the next stage of the crisis today. AIG, likely under pressure from the administration, decided to come clean about where most of the bailout money was going. In a press release with several attachments, the struggling insurer detailed which counterparties had gotten about $100 billion of the bailout funds.
I added up the various lists provided by AIG by country (see below), and the results were quite revealing. About $44 billion went to counterparties headquartered in the U.S., such as Goldman Sachs and states such as California and Virginia.
But as I expected, the majority of the funds—$58 billion—went to banks headquartered outside the U.S. The big winners were French and German banks, which pulled in $19 billion and $17 billion respectively.
To put these numbers in perspective, remember that the U.S. fiscal stimulus bill passed in February provided only $27.5 billion for highway and bridge construction.
In effect, the U.S. Treasury and Fed have been bailing out the rest of the world, to a massive degree. Is this a good thing? Perhaps.
But the U.S. cannot be the banker for the entire world. Now that the list are public knowledge, Congress is going to balk at providing any more open-ended financing for foreign counterparties. We are faced a global crisis, and it can only be solved through global action.
Here’s the country table. The detailed bank table is under the break.
Country AIG-related payments
billions of dollars
US 43.5
France 19.1
Germany 16.7
UK 12.7
Switzerland 5.4
Netherlands 2.3
Canada 1.1
Spain 0.3
Denmark 0.2
101.3
AIG-Related Payments
Country
Bank Amount Total Country
billions of dollars
Bank of Montreal 1.1 1.1 Canada
Danske 0.2 0.2 Denmark
Société Générale 11.9 France
BNP Paribas 4.9 France
Calyon 2.3 France
19.1 France
Deutsche Bank 11.8 Germany
Dresdner Kleinwort 2.2 Germany
Deutsche Zentral-Genossenschaftsbank 1 Germany
DZ Bank 0.7 Germany
KFW 0.5 Germany
Dresdner Bank AG 0.4 Germany
Landesbank Baden-Wuerttemberg 0.1 Germany
16.7 Germany
ING 1.5 Netherlands
Rabobank 0.8 Netherlands
2.3 Netherlands
Banco Santander 0.3 0.3 Spain
UBS 5 Switzerland
Credit Suisse 0.4 Switzerland
5.4 Switzerland
Barclays 8.5 UK
HSBC Bank USA 3.5 UK
Royal Bank of Scotland 0.7 UK
12.7 UK
Goldman Sachs 12.9 US
States and Cities 12 US
Merrill Lynch 6.8 US
Bank of America 5.2 US
Citigroup 2.3 US
Wachovia 1.5 US
Morgan Stanley 1.2 US
AIG International Inc. 0.6 US
JPMorgan 0.4 US
Citadel 0.2 US
Paloma Securities 0.2 US
Reconstruction Finance Corp 0.2 US
43.5 US
Just in case you don't believe it... read all about it........here
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