German and French banks got $36 billion from AIG Bailout - story BURIED
Amazing how I see in one night, the top headline that had the potential to wake America up to later become buried by a flurry of almost-nonsense news by mainstream media on AIG.
Here is the real news from Michael Mandel from BusinessWeek: German and French banks got $36 billion from AIG Bailout
Read it. Amazing how the MAJORITY of the bailout money from AIG payouts went to FOREIGN institutions! Of the $100 billion, $58 billion went outside of the U.S.
Do you understand the implications of this?
Link to the article. It's a shame to see this go from top headline on google news, then see it be buried by AIG bonus stories with 'US should be outraged over AIG bonuses' claims, and then to be gone.
I'm curious about your thoughts & comments, either post/comment here or on the BusinessWeek site.
Is this worth Rec'ing?