[wagglebee]

Trust me, I’m NOT in favor of bailouts. However, the cost to taxpayers of AIG failing would be far more than $85 million. Nearly every major fund is heavily invested in AIG.

[AuntB]

“Trust me, I’m NOT in favor of bailouts. However, the cost to taxpayers of AIG failing would be far more than $85 million. Nearly every major fund is heavily invested in AIG.”

Then I would say the ‘major funds’ have made a bad investment as well.

Where does it end?

[Vince Ferrer]

Nearly every major fund is heavily invested in AIG.

But with this deal, 80% of that value is now gone.