On the recordMay 19, 2009
Well, if you own a company and you are in control by 80-percent ownership in that company, you do not have to pay a dollar for a dollar on those losses.
Said by
Jim Bunning
Source
congress.govEditor's note · Context
Bunning questions the control over AIG despite 80% ownership.
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More from Jim Bunning
Sep 21, 2010
No, no, no. Why is it your decision to report to the SEC and not to the public which you have an obligation to do?
Sep 21, 2010
if the Congress does it that way, you are absolutely correct that this program will fall into an abyss and never pay for itself, and the Government will be on the hook for more than the 18 plus billion dollars it presently is.
Sep 21, 2010
But the SEC for 13 years has sat on their hands. So if you do not get the Justice Department involved in this, shame on you as the Inspector General.
Aug 2, 2010
The unemployment rate as of January 2009 was 7.7 percent. In August of this year, the unemployment rate was 9.6 percent.