Tuesday, March 17, 2009

This Seems Odd

Notice how much money from AIG got funneled to banks like Goldman Sachs, Deutsche Bank, and France's Societe Generale.

Over half the total bailout. Huh?

Now that's a lot of money - and not petty - like the 165 mil in bonuses. At least that goes into people's pockets.

I suppose this is what a bailout is. I was never convinced it was a good idea - just told that it was vitally necessary. Or else...

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