Feds bail out AIG for 85 billion.
September 16, 2008 6:45 PM   Subscribe

Welfare Republican style.
posted by Muirwylde (10 comments total)

This post was deleted for the following reason: make an effort plz kthxbi -- jessamyn



 
Flagged as sucky post.
posted by Eekacat at 6:46 PM on September 16, 2008


I suppose this should have been the link.

http://www.foxnews.com/story/0,2933,423785,00.html
posted by Muirwylde at 6:47 PM on September 16, 2008


Oh, well that fixes everything.
posted by ageispolis at 6:47 PM on September 16, 2008


:( but fox news?
posted by eatdonuts at 6:48 PM on September 16, 2008


Shink, shink, shink, shink.
posted by The Esteemed Doctor Bunsen Honeydew at 6:49 PM on September 16, 2008


Yeah, but at least they are also handing out tax cuts to the little guys. And by "little guys" I mean "billionaires".
posted by DU at 6:49 PM on September 16, 2008


The Fed said in return for the loan, the government will receive a 79.9 percent equity stake in AIG.

damn socialists!
posted by kuujjuarapik at 6:50 PM on September 16, 2008


Leaving aside the ax-grindiness of this post, we already have a thread open for news of the current US banking situation here.
posted by lekvar at 6:50 PM on September 16, 2008


crappy post but totally agree. privatize profit and socialize the losses.
posted by photoslob at 6:51 PM on September 16, 2008


Somewhat expected...
posted by monocot at 6:52 PM on September 16, 2008


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