Tuesday, January 08, 2013

A Vampire Rises

AIG may sue US over $182bn bailout that saved them
As if we needed another example of how poorly executed the bailout was. AIG reportedly recognizes that they needed the $182 billion taxpayer bailout, but they’re now complaining that the terms of the bailout were too harsh for shareholders. To thank the American taxpayer for their sacrifice, AIG’s board is reviewing the possibility of filing a lawsuit for $25 billion against the US government, aka against YOU, the taxpayers, who got no bailout at all, but paid for theirs...

No comments: