At this point in September 2008, the US government rescued AIG, pouring in $173 billion of tax payers’ money. Even so, there remained a $1.6 trillion in potential liabilities that could be triggered by thousands of the credit default swap contracts, many of which would not expire until 2012.
But, Carnahan reclaimed some of that ground over the past three months– raising $1.5 million to Blunt’s $1.3 million. Blunt still has a cash on hand edge of over a half million dollars but Carnahan.
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SIGTARP: Taxpayers still exposed as AIG shrinks CDS portfolio S. Rept. 111-13 – R E P O R T ON THE ACTIVITIES of the COMMITTEE ON FINANCE of the united states senate during the 110th CONGRESS pursuant to Rule XXVI of the Standing Rules of the UNITED STATES SENATE 111th Congress (2009-2010) Committee Report Hide Overview .
· Of course, what really happened was that all these losses were not shifted to AIG, but were shifted to taxpayers and the American public. AIG and the other market participants enriched themselves, their shareholders and executives at the expense of the American people, who were forced to cover their losses with a $182 billion bailout.
2017 Rising Stars: Nina Church-Adams Adam Fagin is the author of the Mountain West Poetry Series selection. City Press, 2017), and is the writer and director of the short film CREEP (2018).. Ben Fama is the author of New Waves, Aquarius Rising, and the artist book mall witch. for the Arts, White Columns, Artists Space and Judson Memorial Church .
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WATCH: Foreclosure king Todd Brunner arrested Mortgage Foreclosure Complaint endorsed with a notice to. THREE o'CLoCK P.M. oN TuESDAY, AuGuST.. property may have or shall become charged or for which it may become liable. 264 E KING ST APT 2. PA.. BROWN PAUL S JR & BRUNNER CHERYL L.. SMITH TODD A & CHRISTINE.
To shrink the base money supply. up treasury yields in the last few months. Worse still, the rising costs of insuring against government defaults will undermine faith in dollar. After all, the CDS.
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Reverse Mortgage Funding expands payment options on proprietary reverse product · Reverse Mortgage Funding announced Monday that it expanded the payment options on its proprietary reverse mortgage – the Equity Elite – to include term payments.. Previously, Equity Elite borrowers could withdraw up to $4 million in their home’s equity in a lump sum only at closing.