Apparently the Americans workers over at AIG were not fundamentally strong, given how the fed just announced an 85 billion loan to AIG, where the government now controls almost 80% of the company.
When I woke up a year ago...I know the first thing in my mind, was darn it, I wish I was part owner in an insurance company. And apparently now I am.
http://money.cnn.com/...
What I find most amazing about this, is that for all the talk about personal responsibility, there seems to be very little talk about corporate responsibility. As an individual I can't file bankruptcy and hope that the government will bail me out. No, if I file chapter 7 or 13, the government expects me to pay back my debts at least partially.
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