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Politics : Formerly About Advanced Micro Devices
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To: combjelly who wrote (461013)3/4/2009 11:55:47 AM
From: i-node   of 1576881
 
>> Large banks?

Not the huge 5,000 branch operations. That isn't to say there aren't some, but most larger banks have SOME exposure, obviously.

But just having exposure doesn't mean they would have collapsed if AIG did. In particular, had the funds that went to AIG been used to prop up the banks that AIG was needing to pay off, it might have been a better arrangement than we ended up with.

The bottom line is that this money is just disappearing and we, as a nation, don't know where it is going or what is being done with it. All of it. TARP, AIG, GM, all of it. It needs to stop. Today.
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