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AIG Gets More Government Bailout Cash
Only one day after it was revealed that AIG had sprung for a $440,000 spa vacation shortly after getting an $84 billion government-loan bailout comes this report: The government is loaning AIG another $38 billion.
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AIG Gets More Government Bailout Cash - Live Coverage -
I'm sorry this is getting old to me. I don't want to bailout mismanaged companies with my tax dollars.
I know AIG is big and their failure would likely cause massive problems but at some point doesn't the tax payer well dry up?
And WTF! Weekend spa treatments?
Do you think this is a good idea?
What do you think will happen if we pull out of AIG?