AIG bailout increases

[TheIndependent]

sick.

Nov. 10 (Bloomberg) -- American International Group Inc. (http://www.bloomberg.com/apps/quote?ticker=AIG%3AUS) got a $150 billion government rescue package, almost doubling the initial bailout of less than two months ago as the insurer burns through cash at a record rate.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aLAOKeHG_AM4&refer=worldwide

[doom1701]

And it comes with the US Government getting an even larger stake in the company. My Prediction: within 5 years, AIG will be a fully owned arm of the US Government. Most lending will be handled by the government through Fanny, Freddy, and other acquisitions made in the near future. The Government will own 2 of the big three US automakers.

It's just a prediction, and people will most likely say I'm crazy. But let's look this up in 5 years.