Tuesday, March 17, 2009

Where did the money go?

The public is rightly outraged that the bailout money at AIG went to pay for bonuses for employees who got them into the situation in the first place, but the real crime is that the money largely went to rescue politically connected investment companies like Goldman Sachs (former company of Paulsen) European banks such as Deutsche Bank, Barclays, and France's Societe Generale. We are rapidly reaching the point where everything can be blamed on Bush.

BestView says we should void the contracts of these "indispensible" employees and let them sue. The trials would be interesting.

Personal Unsecured Loan