Mar. 20th, 2009

marcus_sez_vote: (Default)
This makes my brain melt.

A.I.G. is effectively suing its majority owner, the government, which has an 80 percent stake and has poured nearly $200 billion into the insurer in a bid to avert its collapse and avoid troubling the global financial markets. The company is in effect asking for even more money, in the form of tax refunds. The suit also suggests that A.I.G. is spending taxpayer money to pursue its case, something it is legally entitled to do. Its initial claim was denied by the Internal Revenue Service last year.

Basically AIG is suing for 306 million dollars worth of tax deductions/repayments from the government...but...it is suing...the government...that is giving it/already given it...so much money...and...ARRRGHGHHHGHGHGH!!H@L!@!L@J!!!!

....yeah.

Be well.

Profile

marcus_sez_vote: (Default)
marcus_sez_vote

March 2013

S M T W T F S
     12
345678 9
10111213141516
17181920212223
24252627282930
31      

Page Summary

Style Credit

Expand Cut Tags

No cut tags
Page generated Sep. 20th, 2017 09:40 pm
Powered by Dreamwidth Studios