Remember last year when we (taxpayers) bought an 80% stake in AIG to the tune of a $150B bailout? They just posted a $61.7B loss. FOR THE QUARTER. And you thought subprime mortgages were a bad investment
But that's ok AIG. Here's another THIRTY BILLION DOLLARS. You're welcome.
This country is being shot out of a cannon right into a brick wall. The most lucrative investment available as of this post is the 6-pack of Chicken McNuggets extra value meal.