granted AIG is a huge company with veins running through nearly every nations finance/insurance to some degree. Is this really a reason to BAIL OUT AIG? What about the competition that would gladly clean up and sift through the ashes after AIG melted down? Ones bankruptcy/meltdown/downfall usually gives rise to anothers business victory. I guess we had better stop talking the talk when it comes to free markets and capitalism since we can't walk the walk. Add to this debacle, the lunatic Congress sticking its own stickey fingers into this situation and we have the chemical make-up of an even more volatile process with a more than likely badly blemished outcome. Look for hyper-inflation at some point down the road because there is little chance we can grow out of this debt and taxing our way out, well taxing has never worked and never will. Taxing is nothing more than control, it has little to do with meaningful debt management. Of course, the dumbo-demos think they have an inside track on taxation! LOL ! Oh well, assets is the name of the game because this time around, what you have will count as we reset our entire economy back to zero.
There is one more big slap in the face coming from AIG , they are setting up AIU to parachute out with all the assets and leave AIG and it's debt to Uncle Sam. Insiders are starting to sell as of March 16 even tho stock is rising, they paid their debts in full to the banks and didn;t even negotiate, they paid 100% on the dollar to all the banks, they could have offerred much less but did not,,,WHY ,so they will jump on board with AIU ---THE FINAL SLAP IN THE FACE!!!