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2016-06-25 19:47:13


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wholesale handbags michael kors imitation “I told him we hadn’t done the deal to make money, and we’d be happy to sell him back some of the equity if he’d be willing to take some of the risk,” Geithner recalled. “I told him we hadn’t done the deal to make money, and we’d be happy to sell him back some of the equity if he’d be willing to take some of the risk,” Geithner recalled. Greenberg wasn’t willing, so taxpayers rather than shareholders enjoyed most of the upside of AIG’s recovery.,michael kors fulton 38s1cfts3l And U. taxpayers eventually recouped their entire investment in AIG, plus a cool .That said, it’s important to recognize that while AIG’s shareholders didn’t lose everything, they lost an unimaginable amount of money.michael kors boots us

michael kors wallet clutch case for iphone 4s Their equity was worth something instead of nothing.9 percent of the company, further diluting the value of each share.That said, it’s important to recognize that while AIG’s shareholders didn’t lose everything, they lost an unimaginable amount of money.,michael kors weston large luggage “I told him we hadn’t done the deal to make money, and we’d be happy to sell him back some of the equity if he’d be willing to take some of the risk,” Geithner recalled. Some savvy investors have taken advantage of the misfortunes of others; David Tepper, a hedge fund manager, made billions by buying bank stocks after the market hit bottom in March 2009, essentially betting on the success of the government rescue p lans.S.extra links for michael kors watch

michael kors boots black Former AIG chief executive Hank Greenberg, the lead plaintiff in the lawsuit, unloaded 8 million worth of company stock in 2010; it presumably would have been worth nothing if the g overnment had let the firm declare bankruptcy and the global economy implode. Main Street bore the brunt of the pain, and that’s not fair, but there was plenty of pain on Wall Street, too. The goal was to prevent enough financial failure to stem the panic and lay the groundwork for recovery.,pink michael kors hamilton purse Greenberg wasn’t willing, so taxpayers rather than shareholders enjoyed most of the upside of AIG’s recovery. Critics of the bailouts often say they sent a message that you could invest in Wall Street behemoths without risk, that government would cover all your losses when markets turned sour. Main Street bore the brunt of the pain, and that’s not fair, but there was plenty of pain on Wall Street, too.2012 collection michael kors handbags



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