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  1. 8/8/2011, 11:04 AM #1
    pphilfran
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    AIG sues Bank of America for $10B over mortgages

    LOL

    http://www.aolnews.com/story/aig-sue...-over/1897675/

    NEW YORK -Insurer AIG wants more than $10 billion from Bank of America, saying the bank cheated it by selling it overvalued mortgage-backed securities.

    American International Group Inc. filed suit Monday in New York State's Supreme Court.

    Bank of America Corp. denies the allegations, saying AIG "recklessly" chased investments with high returns, and was big and sophisticated enough to know the risks.

    Banks have been hit by a series of suits over misrepresentations related to the securities. In June, Bank of America agreed to pay $8.5 billion to a group of investors for selling them poor-quality mortgage securities.
  2. 8/8/2011, 11:22 AM #2
    Position Limit
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    Re: AIG sues Bank of America for $10B over mortgages

    is this a great country or what? why are they not going after goldman? hmmmmmmm....
  3. 8/8/2011, 11:24 AM #3
    sappstuf
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    Re: AIG sues Bank of America for $10B over mortgages

    That's it.. I'm suing GM for selling me an overvalued Volt...
  4. 8/8/2011, 11:31 AM #4
    pphilfran
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by sappstuf View Post
    That's it.. I'm suing GM for selling me an overvalued Volt...
    gawd damn...you and your sorry azz Volt....I wished they would have never built the sum beech....I wouldn't have to hear all of your belly aching....
  5. 8/8/2011, 11:31 AM #5
    pphilfran
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by Position Limit View Post
    is this a great country or what? why are they not going after goldman? hmmmmmmm....
    Damn sure is...
  6. 8/8/2011, 11:55 AM #6
    sappstuf
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by pphilfran View Post
    gawd damn...you and your sorry azz Volt....I wished they would have never built the sum beech....I wouldn't have to hear all of your belly aching....
    I'll trade for your porsche straight up...
  7. 8/8/2011, 04:38 PM #7
    badger
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    Re: AIG sues Bank of America for $10B over mortgages

    Dude, you have Volt? Do tell all of your Volt woes, brave one, questing out on the electrical car market before it becomes mainstream
  8. 8/8/2011, 05:03 PM #8
    StoopTroup
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by sappstuf View Post
    I'll trade for your porsche straight up...
    You should be able to afford a Porsche after saving all that money with your Volt.
  9. 8/8/2011, 05:08 PM #9
    diverdog
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by pphilfran View Post
    gawd damn...you and your sorry azz Volt....I wished they would have never built the sum beech....I wouldn't have to hear all of your belly aching....
    He's a sailor boy. What ya expect.

    They are easy to trick.
  10. 8/8/2011, 05:09 PM #10
    StoopTroup
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    Re: AIG sues Bank of America for $10B over mortgages

    Electricity vs Water = Bad.
  11. 8/8/2011, 05:45 PM #11
    pphilfran
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    Re: AIG sues Bank of America for $10B over mortgages

    Hell will freeze over before sap buys a Volt....
  12. 8/8/2011, 09:05 PM #12
    sappstuf
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by pphilfran View Post
    Hell will freeze over before sap buys a Volt....
    Which would make the mileage even worse.....


  13. 8/8/2011, 09:09 PM #13
    tommieharris91
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    Re: AIG sues Bank of America for $10B over mortgages

    Awww... no mention of BofA stock off 20% in today's bloodbath?
    "If your dream ain't bigger than you, there's a problem with your dream." -Deion Sanders
  14. 8/8/2011, 09:12 PM #14
    pphilfran
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    Re: AIG sues Bank of America for $10B over mortgages

    Quote Originally Posted by tommieharris91 View Post
    Awww... no mention of BofA stock off 20% in today's bloodbath?
    The "good" bank stocks fell 8%....
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