[Buddygirl]

I got an email recently about AIG. They gave it the money to keep it going because AIG handles the US Congress critters’ pension plan or fund. Any truth to this?

[autumnraine]

I wouldn’t doubt it. AIG is HUGE and they have a chunk of nearly everything from Workers Comp to pension plans.

[unkus]

I heard the same thing.

[CWW]

Pretty close. AIG handles State and Federal Gov't employee union pension funds as well as teacher pension funds.

Now you know the real anawer to why the Feds won't let AIG fail.

[listenhillary]

No.

[HamiltonJay]

AIG was never too big to fail, reality is, Washington was and is, too weak to lead.

Yes, AIG would have been an ugly mess, and would have had worldwide impact, but the reality is, everyone would be better off that the mess had cleared itself from the system, now instead this and other crap like it will linger on dragging everything down for a long long time to come.

[AppyPappy]

“I got an email recently about AIG.”

You should always assume that anything you get in an email is complete BS. Always verify first.

[Tublecane]

“They gave it the money to keep it going because AIG handles the US Congress critters’ pension plan or fund”

Correction: “They *nationalized* it to keep it going...”