Bank of (Ruining) America

Banksters to make big fees from AIG breakup

Fri, 08/07/2009 - 2:34pm — a little night ...

Having bailed them out with billions of TARP dollars, we must now allow them to make even more money. Reuters:

Wall Street banks and lawyers could collect nearly $1 billion in fees from the Federal Reserve Bank of New York and American International Group Inc to help manage and break apart the insurer, The Wall Street Journal said on Wednesday, citing its own analysis.

Morgan Stanley could collect as much as $250 million, the newspaper said, citing banking experts and documents released by the New York Fed.

Read more…

a little night musing's blog
Login or register to post comments

Help Corrente ...

... keep the heat on!

Subscribe to make a monthly payment and keep the hamsters who keep the mighty servers turning in kibble.

No PayPal Account required! Thank you!

Search

Today in Health Care Reform

Recent blog posts

Man, I just watch cartoons mostly.
30 min 1 sec ago
Pibbers
55 min 45 sec ago
Choosing the goal: high-definition digital TV
1 hour 4 min ago
HIMYM
1 hour 22 min ago
Obama campaigned against mandates.
2 hours 11 min ago
Dump this dog
2 hours 14 min ago
Moyers was nothing special...jes another bit player in....
2 hours 38 min ago
I know that feeling
5 hours 35 min ago
Sigh. I’ve started to wonder if
5 hours 42 min ago
wow
5 hours 55 min ago

I support Americans United for Separation of Church and State.

Per capita health care spending (2007):

United States: $7290
Switzerland: $4417
France: $3601
United Kingdom: $2992
Average of OECD developed nations: $2964
Italy: $2686
Japan: $2581

-- Bob Somerby

The text of HR676 (Medicare For All) as PDF (30 pages). The FAQ. Compare HR3200 with HR676.

Medicare for All would save $350 billion a year (study in New England Journal of Medicine).

In 2003, a young Illinois state senator named Barack Obama told an AFL-CIO meeting, "I am a proponent of a single-payer universal healthcare program*." -- Bill Moyers.

* Medicare For All.

Random Links

[Advertising]

Pitchforks for sale!

Contact lambert_strether [dot] corrente [at] yahoo [dot] com (lambert strether) for all your pitchfork needs.

Chat box

13:57:03 brucedixon I think my colleague Glen Ford is writing on it this week in BAR so I will just co-sign whatever he says.
22:03:36 Valley Girl I'd sure like Bruce Dixon's take on the Conyers comments. Just emailed him.
21:03:43 lambert Thanks, Jeff.
18:16:03 Jeff W lambert, I wrote to NOW about that Elizabeth Warren video not playing and got a response of sorts back, which I sent to you as a private PM. Just FYI.
02:28:28 hipparchia the first thing they told us my volunteer training: humans are natural born rescuers.
00:18:34 lambert One more study... [url]
23:57:37 lambert Joe Bageant is god. [url]
01:00:54 lambert The actuary was a whistleblower under Bush, too. [url]
00:47:48 hipparchia that's ok, jason stands ready to help smear the actuary quoted in that wapo article [url]
23:16:16 lambert Elders under the bus on Medicare, naturally. [url]
20:11:01 lambert 19:49:09 +100
20:10:18 lambert Capitalism in a world where we will throw as many taxpayers under the bus as necessary....
19:49:09 hipparchia elizabeth warren for president!
02:24:14 Jeff W Elizabeth Warren on the economy on PBS's NOW: you can watch it online here: [url] "If [Congress] gets it wrong, the country we knew is gone."
17:52:53 Davidson So, of course they're not going to show the truth about boxing her in from the beginning.
17:51:57 Davidson Yeah, that was just a comment in general, like, "Not even the RBC decision warranted scrutiny."
15:38:02 lambert That's not the RBC meeting, though. That's the smoking gun, beyond "Smart politics" (Wolfson).
14:17:16 Davidson Notice how everyone still avoids exposing the RBC decision
14:16:04 Davidson Can someone do a post on this? [url]
10:04:26 lambert Jeff, thanks. Fixed.

Senior fellows of The Mighty Corrente Building

Leah (CA), Lambert (PA/ME), RDF (??), Sarah (TX), BDBlue (DC), Hipparchia (FL), MsExPat (NY).

Corresponding fellows

danps.

Correspondents

Health care reform: DCBlogger.

Fellows emeritus

mjs, Riggsveda, Tresy, Tom, hekebolos, chicagodyke, shystee, and Xenophon, Vastleft (MA).

Subscribe to Corrente feeds today!

Front page

leah

lambert

RDF

mjs

Sarah

Random term

DCOW

Don't Click On Wingnuts. Every time you click through to a Right-Wing website or a Winger pundit's web page, you increase the value of advertising on that site. The link is there for reference, but don't click on it, if you can help it. Definitely don't click on their ads. It only helps their bottom line. Discussed here.

Corrente