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Could A.I.G. Happen Again? - NYTimes.com

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opednews.com Headlined to H3 12/24/12

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'The United States government recently sold the last of its shares in the American International Group, more than four years after it bailed out the insurance giant with a package of assistance that eventually totaled $180 billion. In announcing the sale, the Treasury Department also said that the government had a 'positive return' of $22.7 billion -- a sum that fails to take into account tax breaks A.I.G. received as a ward of the state. But whether the government profited from the bailout is not important. The truly vital issue is this: Could this happen again? ' asks The NY Times.

'Unfortunately, the troubling answer is yes.' they believe
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I began teaching in 1963,; Ba and BS in Education -Brooklyn College. I have the equivalent of 2 additional Master's, mainly in Literacy Studies and Graphic Design. I was the only seventh grade teacher of English from 1990 -1999 at East Side Middle (more...)
 

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