Monday, February 23, 2009

Zandar's Thought Of The Day

So, guys...really...about this whole government stake in financials thing...
American Insurance Group, the insurance giant that is 80-percent owned by the US government, is in discussions with the government to secure additional funds so it can keep operating after next Monday, when it will report the largest loss in U.S. corporate history, CNBC has learned.
Largest loss in US corporate history...$60 billion...and you and I own 80% of the company.

And this is what they want to do with all the banks?

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