AIG got bailed out by the Feds.
Someone should go to jail. The people who got rich is gonna get really rich now - and the average investors will get screwed.

well, at least the check I got will not bounce.

The USA government now owns a significant portion of USA's houses (via Fannie Mae / Freddie Mac), a big part of the insurance business and part of the credit market...

If it keeps going this way (no idea if it will), maybe soon we'll have a "People's Republic of USA" :P

I wouldn't be upset.  I trust a democratic government over a privately owned corporation any day.  The government is under the control of the people, they need to appease them in order to gain votes, whereas a private corporation is only concerned with making as much profit off of people as they legally can (sometimes even violating that).

Well, bailed out yes, but its not like they can sit there and do nothing. AIG is goin gto have to raise some capital to pay off the loan. It's an 11% interest rate. Its a loan that promotes being proactive in fixing themselves.