AIG’s bailout is a quiet success - The Washington Post
this editorial deserves a read since it enlightens as to the results of the AIG bailout. It leaves unresolved the philosophical issues but lays bare for the world to see how the financial end of the deal worked.
I am reminded of Jefferson's purchase of the Louisiana Purchase. It went against everything he stood for from a philosophical standpoint but was just too good a deal to pass up. I think we'll give him a mulligan for that one.
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