FED buys AIG

FED pays $85 000 000 000 for worthless AIG

In the USSA the barriers between government and private property have just vanished. American International Group will get an $85 billion bridge loan from the federal government in exchange for an 80 percent stake in itself.
So the government is using our taxpayer's money to give 85 billion dollars to an insolvent company. Money that they/we will never see again of course.
FED's Bailout list
Bear Stearns: check
Fannie Mae: check
Freddie Mac: check
AIG: check
Washington Mutual:
Citigroup:
General Motors:
Ford:
Airlines:

The United States is now officially bankrupt. The only way the will be able to "repay" pay all that debt, is to print money out of thin air.
Lehman Brothers had $683 000 000 000 in losses...and Lehman is not even one of the big players like Citigroup or Washington Mutual...