Don’t forget GM, Wells Fargo, BoA, Fannie Mae, Chyrsler......
Seems as though the bailouts are just a conspired scheme to line the pockets of the few. If Fannie & Freddie were really in such hoc during the Raines / Gorelick reign, why aren't they made to give those bonuses back?
Wait until the Option Arms reset the next 2 years, the commercial real estate bubble pops, and the now unemployed consumers default on a huge amount of credit card debt.
California is suffering from The Left's reign at the state level.......the future of the US goobermint and its budget are to follow.