[org.whodat]

It makes little difference, the non agreement will still be funded by the tax payers, as I heard the bond holders had their position insured by that great company AIG.. Bunch of crooks.

[CharacterCounts]

So, what is wrong with that? A company purchases insurance to protect itself from a loss and now it is wrong to collect on the insurance when the loss is incurred?

Class warfare is for socialists.

[keepitreal]

Insurance is just that, insurance, and was probably purchased a long time ago.

Are you a crook when you collect on your insurance policy for an auto accident? In the past you insured against the financial damages which are the result of such an accident. Bondholders in the past insured against financial damages resulting from a bankruptcy. Purchasing insurance is not being “a crook”, it is being prudent.