Nicolas Rapp and Damiko Morris of Associated Press delve into the AIG bailout. Six months ago, AIG received $173 billion from the government. They have about $50 billion left while the rest has gone to bonds, securities, credit default swap, and some other stuff. I wonder where the other $50 billion will go.
Yes, what else is in the stimulus bill Obama signed that he doesn’t know about?
What software would I need to make an image similar to this?
Pingback: Daily Research » Shared Items - March 20, 2009
Time to enact and enforce strict regulation of Wall Street.
Also a transaction tax would help finance the government’s bailout, say .02 percent on the purchase or sale of a future contract and 0.25 percent on the purchase or sale of a share of stock.
Tax stock sales/Buys more than the Capital Gains? Yeah, OK, as long as I get to write them off and get rid of Cap Gains. You don’t get both. We get taxed three times for roads, twice for income, and more for savings. California here we come. It worked real well for them. Orange County Bankrupt twice in 15 years.
Pingback: Bailout and Financial Crisis News » Friday Nite Jazz: Ainâ€™t No Rest For the Wicked
Pingback: LA Finance Examiner: ‘Where the AIG Bailout Money Went’ « vip.FINANCE
Pingback: Bailout and Financial Crisis News
Bret, there’s no software i know of you can use for these charts. This one has been done on good old adobe illustrator.
if you like this kind of charts, you should check out:
Those are great inspirations.
Pingback: New Statistics: AIG, Water, SMS, Migrants, Drugs, China’s Post-80 Generation
Sankeys are great. I have yet had the opportunity to use one in my work, but I saw a sankey of energy use in Mother Jones a few months bag and i blew my mind. The clarity and ease of information.
Pingback: Your Writing Dept Blog » InfoPorn: Presenting raw data with visually stimulating graphs
@Bret, Nicolas, et al.
Here are some Sankey diagramming resources.
This is a reasonably priced Sankey diagramming tool:
Sankey Helper (for Microsfot Excel)
Free Sankey Diagram Shapes for Visio
This website is 100% Sankey diagrams!
Thanks all, I’ll check things out. The last Sankey diagram I did was constructed in PowerPoint — the koolaid of choice in business consulting. While it readily conveyed the info, it wasn’t easy on the eyes.
Pingback: Sankey Diagrams » Blog Archive » Where is the money, honey?
Pingback: Mile Wide… Inch Deep… » Blog Archive » AIG Bailout: Where $173 billion Went | FlowingData
Pingback: April Fool’s: This year the joke is on the American Worker | PURE COOKE
i have just read that AIG is the world leader in sharia-compliant-financing, and that case is being brought under the establishment clause against the us treasury. so one answer to the question “where did the money go?” is “to a religious organization” !!!! google aig sharia compliant financing and see if that’s what you get out of what you find, it sure sounded that way to me. it’s heavy reading but VERY interesting. are AIG’s assets in other countries subject to seizure by those gov’ts if aig is allowed to fail? hmmmm. i gotta go read it again.
ps also google “murray vs. geithner”
I think that the consumers are also to blame. They ripped off more than they could chew by building expensive houses and overbuying. This caused the CDSs to fail, and the CDOs were dependent upon them.