This one’s been in the bookmarks for awhile, but in very related news, Matt Stoller surveys the troubling backstory of the bailouts emerging from what should be a sideshow: AIG shareholder Hank Greenberg suing the government for unfair treatment. (He only got half a sweetheart deal.) “Greenberg’s case is revealing that the bailouts were done selectively, and there was an attempt to cover up what happened…bailout opponents were largely correct, and the bailout apologists were lying and/or wrong.”
The Secret History of TARP.
This one’s been in the bookmarks for awhile, but in very related news, Matt Stoller surveys the troubling backstory of the bailouts emerging from what should be a sideshow: AIG shareholder Hank Greenberg suing the government for unfair treatment. (He only got half a sweetheart deal.) “Greenberg’s case is revealing that the bailouts were done selectively, and there was an attempt to cover up what happened…bailout opponents were largely correct, and the bailout apologists were lying and/or wrong.”