Bailout on Trial:
What Does Taxpayer Get Other than a $700B Bill?
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Unlike the $85 billion AIG bailout, which gave the government an 80% stake in the company and a 11%-plus interest rate on the loan, the taxpayer is getting no tangible return for a $700 billion "investment", as currently constructed.
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What Does Taxpayer Get Other than a $700B Bill?
...
Unlike the $85 billion AIG bailout, which gave the government an 80% stake in the company and a 11%-plus interest rate on the loan, the taxpayer is getting no tangible return for a $700 billion "investment", as currently constructed.
...
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