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You seem to be clinging hard to the notion that the bailed out banks were able to pay the money back largely because AIG was bailed out, and the government is g
by jcampbell1 15y ago
You seem to be clinging hard to the notion that the bailed out banks were able to pay the money back largely because AIG was bailed out, and the government is going to lose big on AIG, which was really a backdoor bailout to the other banks.
Two years ago, I would have agreed with that 100%. AIG has recovered far better that I would have expected, and the government will likely get the money back from AIG, albeit much slower than the banks.