The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ayn rand who wrote (23442)	10/12/2009 1:51:53 PM
From: Skeeter Bug	6 Recommendations Read Replies (2) of 71445

>>The banks, AIG, they were considered 'too big to fail.' They had to be saved, there was no choice.<< that's the story, but i don't believe it. the $13 billion that sent to government sachs by way of the AIG bailout mostly went for 1Qs worth of bonuses. that's it. did those bonuses collapse government sachs? this was mostly about making the oligarchs whole on their bad bets b/c they own washington. if they truly were too big to fail, why are they so much bigger today - so much more of a systemic risk? who benefitted? who is being hurt? follow the money, not the spin.

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