Saturday, March 21, 2009

Not to beat a dead horse but...


This is a great representation of where the AIG bailout money went. It's interesting to see the uproar over the measly 160 million in bonuses paid out when tens of billions of dollars were handed out to US AND foreign companies that would probably receive close to nothing if we let the company fail.


When you buy insurance from a company the onus should be put on you to make sure they can repay you if needed. I'm not sure why the American taxpayer is on the hook to repay the insurance liabilities...

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