cavanami Posted March 2, 2009 Report Share Posted March 2, 2009 The first time they got "bailout" money they went off and spent $400K on a party! maybe they need some bucks for another party Reports: AIG to get up to $30B more in Fed aid http://news.yahoo.com/s/ap/20090301/ap_on_bi_ge/aig_rescue American International Group Inc. will receive additional federal assistance of up to $30 billion as part of a revamped government bailout, according to media reports Sunday, citing unnamed sources. The new funding, the fourth government rescue of AIG since September, is intended to support the New York-based insurer as it is expected to announce $60 billion in quarterly losses early Monday... Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted March 2, 2009 Report Share Posted March 2, 2009 Oh dear. Link to comment Share on other sites More sharing options...
Faustian Posted March 2, 2009 Report Share Posted March 2, 2009 Just how fucked is this company? I guess they'll have to keep pumping in cash, or they'll never get a penny back...but my god, this company seems to be a financial black hole.... Link to comment Share on other sites More sharing options...
khunsanuk Posted March 2, 2009 Report Share Posted March 2, 2009 Hi, So, if I have a company that is losing money, can I get some more money from the government as well? Or does this only work for very large companies which spent millions of dollars on corporate bonuses? Sanuk! Link to comment Share on other sites More sharing options...
TroyinEwa/Perv Posted March 2, 2009 Report Share Posted March 2, 2009 I don't know KS, let's test it out. Give yourself an outrageous bonus, pay for the next meeting at Bradman's from board money (we'll have to really have a good time so bring at least a million baht, not too much compared to 400k usd) and then apply for a bailout. If you get it, we'll do it again and again...... Link to comment Share on other sites More sharing options...
drogon Posted March 2, 2009 Report Share Posted March 2, 2009 Really disgusting.... Missus is working part time for the Thai branch of this company and from what she tells me the Thai branch has been very well managed, has ample funds but has some problems because customers leave... because the main company is sinking. Sad Link to comment Share on other sites More sharing options...
.. Posted March 2, 2009 Report Share Posted March 2, 2009 First step: stop giving money to ManU! Cheers, SD Link to comment Share on other sites More sharing options...
devils reject Posted March 2, 2009 Report Share Posted March 2, 2009 Oi, Watch it buddy! And it's Man Utd! Link to comment Share on other sites More sharing options...
Bangkoktraveler Posted March 2, 2009 Report Share Posted March 2, 2009 Some headway has been made in trying to understand why the financial markets collapsed. Last week, First Magnum, the company that there has been hints might have started all of this, was sued by their Bankruptcy Trustee for 1 billion dollars!. Link to comment Share on other sites More sharing options...
Steve Posted March 2, 2009 Report Share Posted March 2, 2009 First step: stop giving money to ManU! Cheers, SD LOL...definitely. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.