Tuesday, March 24, 2009
AIG - what is really going on
A shocking 10 minute primer on AIG. The basic point is "forget about the bonuses, watch where big money goes".
Bet you glad you aren't an American taxpayer? It is not as if the UK government is bailing out the rich at the expense of everyone else.
Labels:
UK,
UK banking,
UK economy,
UK housing,
US economy,
US housing bubble
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