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American International Group, Inc. Message Board

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  • weeluen weeluen Aug 21, 2009 12:38 AM Flag

    AIG recieved 185 billon in tarp, but only used a portion for ...

    totally agree with you. AIG was a very profitable company. their problem is NOT profitability but liquidity. that;s the reason they need "reserve" (tarp money). Not all tarp money are gone, only a small portion of 180B are gone, most of them are still sitting in reserve (renerating income from investment. Once economy improves, they will return these "free" tarp money. then they will be back to money making machine like they were in the last few decades prior to this subprime mess.

 
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