There is no one who despises Herr Ogabe more than I do, but there is some poetic justice the fact that some of the New Yorkers who financed and voted for him are getting kicked in the face. The unfortunate thing is that Goldman Sachs is getting way too much out of the AIG bailout, when they should be bankrupt like the rest of their cohorts.
Your ‘class envy’ is showing...Russia did the same thing! The MONEY left Russia last year too! The MONEY is living high on the hog on the French Riviera...Putin can’t tax it! Wonder where our MONEY will move to? Oh, by the way hope you don’t ever need another loan if Obama’s Kongresscritters are successful at chasing the MONEY out of the US.