In 2008, AIG lost $100 BILLION. Then in 2009, AIG lost another $12.3 BILLION. In that same period of time, our federal government under both President Bush and Obama and a Democratic controlled House and Senate voted to extend $182 BILLION of taxpayer money to help this company out. AIG threw million dollar parties, gave [...]
Here is another good article from the Wall Street Journal. I think they are taking a more populist approach on foreclosures. You hear financial experts or bailed out bank-sters preaching about moral obligations, duties, and setting the example, but those righteous people always seem to have a vested interest in helping themselves or their constituents. [...]
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