ALWAYS, ALWAYS. I Guarantee you. AIG has UNDERSTATED how much they are in. We are talking Hundreds of Billions for the Taxpayers.
It will not stop at $85 billion. Lord only knows what this will cost.
Your line is the same as Mish’s:
http://globaleconomicanalysis.blogspot.com/
“Let’s have the government run insurance companies, auto companies, banks, mortgage companies, home builders, brokerages, gas stations, and for good measure let’s throw in pizza parlors.”