What a Nice Surprise
My kids bought me an insurance company! Sweet children: they don’t even have jobs yet.
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My kids bought me an insurance company! Sweet children: they don’t even have jobs yet.
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Comment by Jennifer —
September 16, 2008 @ 11:56 pm
You should’ve taught your kids better negotiating skills, Jim. They got hosed in this-here deal.
Comment by Fraud Guy —
September 17, 2008 @ 12:34 am
But you have to share…and all at the low low price of $283.33 per man, woman, and child. (Taxes to pay for this, not included).
Comment by Matt —
September 17, 2008 @ 12:57 am
Oh, sure, you call them sweet, but they’re probably just being pragmatic — I’m sure they agree with Sen. Schumer that the alternatives are worse.
Comment by radish —
September 17, 2008 @ 1:11 am
Well I don’t know about you, but I always wanted to go into the insurance business. Uncle Sam is just helping me live my dream…
Comment by Thoreau —
September 17, 2008 @ 1:12 am
My little nephews will be chipping in as well, Jim. That’s how much they love you.
Comment by Jonathan Goff —
September 17, 2008 @ 1:25 am
Jim,
Depressingly funny. I’m really looking forward to helping pick up the tab for the past several decades worth of government fiscal mismanagement in this country…
http://selenianboondocks.com/2008/09/depressing-humor-for-the-day-aig-edition/
~Jon
Comment by Dog's New Clothes —
September 17, 2008 @ 5:39 am
Also, AIG is the main sponsor of Manchester United. Jim should make them wear an American flag on their jerseys.
Comment by Jaybird —
September 17, 2008 @ 10:36 am
If you borrow $1,000 and you can’t pay it back, you have a problem.
If you borrow $1,000,000 and you can’t pay it back, the bank has a problem.
If you borrow $1,000,000,000 and you can’t pay it back, the government has a problem.
Maybe it’s my Scottish-Irish heritage in me talking but it strikes me that there’s nothing here that can’t be fixed by a dozen 55-gallon drums full of tar and 15-16 feather pillows.
Comment by mds —
September 17, 2008 @ 10:37 am
Wow, I’m sure all of the dumbshit schmibertarian commenters at Hit & Run will stop calling Obama the socialist now…
Comment by kid bitzer —
September 17, 2008 @ 2:24 pm
yeah we bought it.
but if the u.s. treasury bought it, that means the chinese banks bought it, since they’re the one who keep buying t-bonds.
so: how are the chinese going to feel about having bought a huge amount of liabilities?
and when are they going to say, “no we don’t really want to own aig; we’re going to say thanks but no thanks to this new treasury auction”.
then things will get even more exciting.
Comment by Idi Amin's Last Meal —
September 18, 2008 @ 8:01 pm
Also, AIG is the main sponsor of Manchester United. Jim should make them wear an American flag on their jerseys.
Man U is already owned by the Glazers, the American ownership of the Tampa Bay Buccaneers, so the Red Devils already do wear the Stars n’ Stripes.
Comment by Mike Schneider —
September 19, 2008 @ 1:31 pm
I’m sure all of the dumbshit schmibertarian commenters at Hit & Run will stop calling Obama the socialist now…
Er, presumably you are aware of the fact that Obama and Biden were two of the biggest recipients of Fannie Mae kickbacks?
Comment by Doctorb —
September 21, 2008 @ 2:11 am
Yeah, it’s been a while since I took any class on the Constitution but it’s amazing how the Democratic Presidential and VP nominees have the power to make decisions like that months before the election.
Comment by Bryan Pick —
September 21, 2008 @ 1:26 pm
Yeah, Doc, it’s shocking. All they had to do as senators was resist all attempts at reforming Mae & Mac, and leave it up to the crisis-handlers to determine whether or not they should try to avoid total financial meltdown once Mae/Mac became a problem too big to paper over. “Amazing” doesn’t begin to cover it.