Here we go again, part 2, um four – AoSHQ "AIG Bailout #4": "Tomorrow (that is, Monday), AIG is expected to announce the single largest value loss of suffered by a company in a single quarter. The announcement will be made concurrently with the announcement of AIG's latest bailout from Treasury. This will be the fourth AIG bailout."
Fool me once, shame on you. Fool me twice, shame on me. Fool me...ah, here's some more money.
Remember when AIG was "too big to fail"? Well, what if there's nothing to prevent it from failing no matter how many life lines we throw? There seems to be no bottom to the crisis and no other solution than to shovel more taxpayer money into this Titanic.
Extra - Minuteman: "AIG Round Four"