Where did AIG's $180 billion bailout money go?

Yes they should tell us where every penny went. However the ones that need to be held accountable are the ones that gave them the money in the first place.

Every member of the US government should be trown out on the street. They are all worthless and have done even a worse job than the wall street execs.

The situation is just maddening. The money is being manipulated to shore up the books of other companies. Then they post a huge loss and get bailout money. Then that money gets passed around.

I told people before that the ultra rich never really lose money. They will always steal it back some way or another. It is amazing that after a huge meltdown the ultra rich seem to raise even more money. They will show losses just to make it look like they are losing something but behind closed doors they are transfering massive funds into hidden accounts.

Why do you think the IRS is suing the Swiss?

THEY LOST IT???!!!! That money did not go into a black hole--it is somewhere! Unless our Government is infested with traitors, they know exactly where that money is.!!. We, the people, pray it didn't go into off-shore accounts, packing for golden parachutes, Swiss bank accounts, etc. And most of all, pray that the monies do not support the enemys of America who will build or buy weapons to use against us.

Who cares? It was only 180 billion! The government would have gotten more bang for their buck by simply driving down the road while throwing the 180 billion out of the window. At least you would have seen the economy stimulated when that money was spent!

THEY SHOULD BE ALLOWED TO FAIL!

take everything that the banks executives own and eliminate their retirements and reposses their golden parachutes and the people responsible for them to have the money be fired and lose their pensions for not doing their jobs either

The way I see it is ,the super big banks loan money to foreign governments and big businesses overseas and our government wants to keep that business line open for future big profits through taxation. So whats better than to stick it to the little guy in america and say I don't know where da money go. In other words our government is selling us out so their good life future will be there when the economy gets better.

I'm not defending AIG, but why they heck didn't Congress provide stipulations for the money and require approval for all money spent. Nothing like a blank check at our expense. What the heck does congress do anyway?

http://realamericandiscussion.blogspot.com/

I'll tell you where the bailout money went. If you look at recent luxury home sales in Malibu and Rancho Santa Fe, California, I'll bet you will notice a big correlation between the timing of the bailout giveaways and the sudden purchase of multi-million dollar estates. Go to yahoo real estate and see how home prices went up there while almost all other areas have gone down. Get the picture?

PRESIDENT OBAMA SAID BE3FORE GETTING ELECTED, NO MORE PORK AND NO TAGS. THAT DID NOT HAPPEN AND WE GOT EXCUSES. OBAMA SAID THEY WOLL KEEP A CLOSE EYE ON THE BAILOUT MONEY AND THEY WILL BE ACCOUNTED FOR EVERY DOLLAR THEY SPEND. THAT DID NOT HAPPEN. AIG SHOULD BE SHUT DOWN, ALL MONIES OR BONUSES RETURNED. IF NOT THE BLIND GOVT USING TAXPAYERS MONEY SHOULD BE VOTED OUT OF OFFICE. REMEMBER WHO THEY ARE.

When exactly was the last bail out money given to AIG? I believe it was before Obama took office. After all, his stimulus package was only signed on Feb. 19th, 2009, less than a month ago. All this money given out to the banks and others without any strings attached is outrageous. If I had money to given someone who screwed up, I would ask what they were planning to do with it. This was throwing good money after bad. Obama should go after this company (weren't they the ones who had a large party after receiving the first check)and others like it and make them accountable for every dime. If I worked there and accepted a large bonus for a failed job, I would be ashamed to show my face in public. Where I work, if you screw up you are fired, not rewarded. I don't believe that President Obama should be blamed for this fiasco. The money was, I believe, distributed in September, 2008 long before Obama was even elected.

It's totally upsurd for the media to turn it's attention to an old newsworthy hype.

a. We the people are not stupid.
b. We the people know Bush is neck deep in this AIG fraud.
c. We the people need to find the paper/electronic trail that leads us to answers!
d. We the people need to punish those responsible for our money going to the greedy republicans once and for all.

You have a classic case of the Fox and the Hen house. Look at the money Goldman Sachs got. Gee, where did Paulson work before being Sec of Treas.? UBS was fined for helping US taxpayers hide their cash then, we gave them back the money as counterparties to AIG and or Lehman. Everyone was misdirected by the media to the AIG bonus payments when the real steal was the bailout funds directly to the big banks. This is a crime. Shame on the US taxpayer for falling for it. The people who invested in the "RIGHT"banks make a ton of money and the rest of us loose our A** and our children and grandchildren will pay for it in lost servicecs, higher taxes and less oportunity in their life time. This is the stuff revolution is made from, look at history. WE MUST HOLD THOSE WHO ARE RESPONSIBLE ACCOUNTABLE FOR THEIR GREED.