This mess shows we are one more step to more large company’s being NATIONALIZED by the Fed’s.
Just a few months ago some dems were calling for our oil company’s to be NATIONALIZED.
Many democrats need to be sent to jail for a long time, nad some repubs too no doubt.
Yep. Untied Socialists States of Americo coming soon!
If the government is taking an 80% stake then AIG has been nationalized. We now live in a socialist country.
I'm old enough to remember when Margaret Thatcher undertook to sell UK owned businesses. It took awhile, but she did it before being given the boot by her own party.
Will be interesting to see how long it takes the next pres to unload Fred and Fran and the Fed to unload AIG.
yitbos