[ding_dong_daddy_from_dumas]

So now AIG gets bailout money and it pays its insurance contract liabilities to the big banks. Why? There may be some nepotism there but I also suspect it is because these are the big buyers of risky U.S. instruments and if that market completely collapses, so does our economy.

"Too big to fail" means that small investors and taxpayers fail. I personally will never again buy any stock, because Warren Buffet is going to win and I am going to lose, thanks to "our" government.

People who own small businesses won't be bailed out. If they fail, they fail. Knowing that the casino is crooked, who wants to play?

Does anybody really know where all the AIG money goes?

[dennisw]

"Too big to fail" means that small investors and taxpayers fail. I personally will never again buy any stock, because Warren Buffet is going to win and I am going to lose, thanks to "our" government.

Wait  a minute!
Warren Buffet is also flummoxed by this market and crisis.
Berkshire Hathaway is down 34%

[caseinpoint]

“Does anybody really know where all the AIG money goes?”

I doubt it. And it is an important point from another poster that by funneling the money through AIG, AIG gets restrictions put on itself but the final recipient has no accountability at all to us. It is curious that Congress feels it should micro-manage the American society but this bill basically gave carte blanc to AIG.