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Billions to AIG – some went to banks overseas

March 9th, 2009

The Wall Street Journal reported on Friday that about $50 billion of more than $173 billion that the U.S. government has poured into American International Group Inc since last fall has been paid to at least two dozen U.S. and foreign financial institutions.

The newspaper reported that some of the banks paid by AIG since the insurer started getting taxpayer funds were: Goldman Sachs Group Inc, Deutsche Bank AG, Merrill Lynch, Societe Generale, Calyon, Barclays Plc, Rabobank, Danske, HSBC, Royal Bank of Scotland, Banco Santander, Morgan Stanley, Wachovia, Bank of America, and Lloyds Banking Group.

Full Article

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Monday morning…

March 9th, 2009

Well – I’m up early and having coffee, Fox comes on with an expert in string field theory explaining the new satellite they just launched to explore the universe. So I googled string field theory, makes me feel like I’ve lost too many brain cells to alcohol fubuse (new word – means fun/abuse) or climbing at high altitudes. Maybe I’ll read some more after the coffee kicks in.

Also – I hope when we find other intelligent life in the universe we don’t send a message before we know if they are friendly. A comment I heard once was “let’s hope other intelligent life is kind in nature and treats us like pet’s rather than seeing us as food”. Ugh – I just reminded myself of the movie Hanibal….

Filed under: Science | No Comments »