AIG, Don't Bite The Hand That Fed You
AIG, Don't Bite The Hand That Fed You
guardian.co.uk — AIG made reckless bets that nearly crashed our entire economy. Beginning in 2008, the government poured billions of your taxpayer dollars into the insurance giant to save it from bankruptcy after it gambled on mortgage-backed securities. And the bailout worked – earlier this year, AIG reported making billions in profit. But AIG has a funny way of showing its gratitude. Wednesday morning, reports indicated that AIG is considering joining a lawsuit against the federal government because the terms of the bailout weren't generous enough. Can you believe it? AIG should thank American taxpayers for their help – not bite the hand that fed them


Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
