Thursday, October 16, 2008
AIG jamming up the government bailouts
AIG - one of the financial firms that has taken billions in government bailouts recently is perfecting the Jam Up.
Last week, it was revealed that the firm spent $440,000 on a party for its top employees. That, after it took $85B in taxpayer money as it spiraled toward bankruptcy.
Nonetheless, our guv gave AIG another $30B. No way they do it again, right?
Suckers.
AIG just got caught again. It spent $86,000 on a European hunting trip.
Now that's perfecting the art of the Jam Up.
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