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Non-Tech : Credit Boom and Bust
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To: Sam Citron who wrote (158)3/17/2009 3:11:34 PM
From: Jimmy08   of 165
 
On December 31, 2008, AIG funnelled $93 billion of its then-$173 billion bailout to Goldman Sachs and European banks. The Stock Research Portal comments, “Since the bailout program was first discussed I have been troubled by the bailout program and its inevitable consequences that I believed from the onset could not have been understood by the principal perpetrators of it – who I see as George W. Bush and Henry Paulson.”
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