http://www.faithandfacts.com/economy/aig-needs-38-billion-more/ Exploring the intersectio between personal faith and public life. Fri, 13 Jan 2012 15:59:21 +0000 hourly 1 http://www.faithandfacts.com/economy/aig-needs-38-billion-more/comment-page-1/#comment-360 Let's Think Thu, 09 Oct 2008 22:52:14 +0000 http://www.faithandfacts.com/?p=853#comment-360 The $85 billion rescue cash given to AIG was a necessary evil to keep the world's largest insurer of both corporate and domestic risk afloat. Using a portion of that money to hold a junket in which AIG tried to convince investors of upward looking future prospects isn't unreasonable. In fact, it would be irresponsible not to hold some type of celebration to assure the market of a bright future. This is especially true when we consider that $440,000 is .000518 percent of $85 billion. Not doing this would be like recieving debt relief on your defaulted home loan and not telling your family because you feared wasting cell phone minutes or not sending the notification to your bank because of the cost of a priority stamp. The $85 billion rescue cash given to AIG was a necessary evil to keep the world’s largest insurer of both corporate and domestic risk afloat. Using a portion of that money to hold a junket in which AIG tried to convince investors of upward looking future prospects isn’t unreasonable. In fact, it would be irresponsible not to hold some type of celebration to assure the market of a bright future. This is especially true when we consider that $440,000 is .000518 percent of $85 billion. Not doing this would be like recieving debt relief on your defaulted home loan and not telling your family because you feared wasting cell phone minutes or not sending the notification to your bank because of the cost of a priority stamp.

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