AIG and Government Agree on Plan to P...

AIG and Government Agree on Plan to Pay Back Taxpayers

There are 1 comment on the ABC News story from Sep 30, 2010, titled AIG and Government Agree on Plan to Pay Back Taxpayers. In it, ABC News reports that:

American International Group Inc and the U.S. government agreed on a plan that would see the insurer repay taxpayers fully for bailing it out at the height of the financial crisis.

Join the discussion below, or Read more at ABC News.

Slambo

United States

#1 Sep 30, 2010
This reminds me of how the depression era investors rampantly borrowed money to buy stock. The only difference now is that the lender and borrower are one in the same: the Fed.

Hurry! Hurry! Freshly printed money for the taking (no matter that it is essentially worthless).

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