OMG! Are you fucking kidding me! The Treasury just gave AIG another $30 bln. Is anyone else looking at this?
If we take a close, or even a vage, look at the companies that are getting all these trillions in bailout money, there seems to be one thing they all have in common. To use their language, the Fed and the Treasury are using the vernacular, “Too Big to Fail”! What this means is that over the years, due to deregulationary politics, these companies have become major monopolies. buying up there competition with the profits from unreasonable risks.
One of the founding principles of the early days of regulation was the protections entitled to competition through Anti-Trust Legislation. Now the US Government is assuming that we want to pick up the tab for this rediculas stewardship of the public trust.
The list of companies that will spin off from AIG looks like the list of companies that were born, or restored to anonimity, during the Standard Oil breakup. The same problem exists with the Auto Industry. The fact is that there is very little resiliance for any industry controlled by a single entity, not to mention the extremely un-American practice of anti-competition.
Who else is at risk? How about the Media groups like Clear Channel and Time-Warner. When did we decide that risk was better than the public trust. Whatever the risk involved, maybe we should Nationalize the industries that form the foundation of our financial industry, starting with the Fed and the SEC, or maybe even Congress. Or, would that be a bit wishful?

