AIG bailout --- ????? Remember when this economic crisis hit, and Congress let Bear Sterns go under, pushed a bunch of forced marriages between banks, etc.? Then they bailed out AIG.
At the time, I thought: "That's strange. What does an insurance company have to do with this crisis?"
I think I just found the answer. Among other things, AIG INSURES THE PENSION TRUST OF THE UNITED STATES CONGRESS!! No wonder they got bailed out right away!
To hell with the people, let's protect our future, said all our Senators and Congressmen. Nice to see where their loyalties lie!
Okay, let's see.
Among other things, AIG INSURES THE PENSION TRUST OF THE UNITED STATES CONGRESS!!
Is that so?
No wonder they got bailed out right away.
You have not found the answer.
Many thanks to you for the answer to that riddle.