AIG Pays for Thee
Financial companies that received multibillion-dollar payments owed by A.I.G. include Goldman Sachs ($12.9 billion), Merrill Lynch ($6.8 billion), Bank of America ($5.2 billion), Citigroup ($2.3 billion) and Wachovia ($1.5 billion).
Big foreign banks also received large sums from the rescue, including Société Générale of France and Deutsche Bank of Germany, which each received nearly $12 billion; Barclays of Britain ($8.5 billion); and UBS of Switzerland ($5 billion). [Read]
Sure, keep an eye on the millions in bonuses, but do not lose focus on the BILLIONS!
Is that billions of bailout money going to foreign banks? Why did we bailout AIG in the first place?
We do not have these problems when? That's right, when the government does not engage in the inappropriate behavior of artificially propping up businesses.