The Federal government has agreed to an $85 billion bailout of insurance giant AIG. The company had taken a major hit since it was heavily into insuring mortgages.
$85 billion!?!?!?! WTF!?!?!?! And what do you suppose my chances would be if I marched up to the Treasury Department tomorrow morning and asked for a $300 loan so I could get caught up on my credit cards?
Yeah, that's what I thought....
Wednesday, September 17, 2008
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