Why AIG Gave Your Money To Other Banks
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Paddy, What do you think would have happened had the American government refused to bail out AIG? Most Americans believe that a company should and must be able to fail and suffer the consiquences of their poor business decisions. Without this most fundimental principle, our economy and indead our country can not grow and prosper.
If AIG and the other major U.S. finacial institutions were "to big to fail", who is going to bail out Grece, Spain, etc.?
BiscayneBays 5 months ago