Ctenocephalides felis is commonly known as the cat flea and Ctenocephalides canis is known as the dog flea. Both are members of the 1,600 species referred to as fleas, in the order Siphonaptera ("wingless siphon"). These blood-sucking parasites can be found worldwide, from the Arctic to the tropics. [Sound familiar?] Fleas can transmit a number of diseases. Most notably, the flea is responsible for transmitting the Black Death and bubonic plague!
The parasitic corporations such as AIG will continue to infect the global financial markets as long as our governments continue to provide fresh capital (blood) for them to siphon. I believe a fumigation is in order or this infestation will soon get out of control. These parasitic corporations will inadvertently infect the healthy institutions which will in turn create greater economic chaos!
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Reuters
By Paritosh Bansal and Lilla Zuill
Mon Mar 2, 2009 1:15am EST
NEW YORK (Reuters) - The U.S. government threw a new $30 billion lifeline to American International Group Inc on Sunday as the embattled insurer prepared to report the biggest quarterly loss in corporate history.
AIG's board approved a new rescue package that also includes more lenient terms on a government investment in its preferred shares and a lower interest rate on a government credit line, two sources familiar with the matter said.
Details will be announced on Monday when AIG is expected to report a fourth-quarter LOSS of about $60 BILLION -- roughly $460,000 per minute.
This would be the third time the government has had to step in to save AIG, once the biggest insurer by market value whose global reach may have made it too big to fail.
A source familiar with the matter said on Sunday night that U.S. authorities felt it was cheaper to put more TAXPAYER MONEY into AIG than to take the risk of letting it fail.
Moody's Investors Service and Standard & Poor's both have AIG on review for downgrade from the seventh highest investment grade, and have said the government's support was keeping the ratings from being cut to "JUNK" status.
The government stepped in at the time with an $85 billion bailout, and subsequently offered additional financing, bringing the support up to about $123 billion. In November, the GOVERNMENT had to revise its bailout package, raising its TOTAL AID to about $150 BILLION.
AIG shares closed at 42 cents on Friday. The shares have LOST 99 PERCENT of their value over the past 12 months.
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