Taxpayers New Owners!

America taxpayers are now the proud owners of one of the biggest insure company’s in the world, AIG. We the taxpayers of America just put up $85 billion’s in loans to take 79.9 percent ownership into a company that’s getting ready to fail. Now lets think about this for a minute, would you put your own money into a company that was going to fill for chapter 11 in one day? I know I would have avoided it like a bad habit. Now I understand that the government had to do what it did. And if they didn’t we could be worst off than we already are. I would like to know how things like this happen. How could a company that is so big be in so much debt? Here’s what needs to happen, fire all top officers, which I did hear they would be replacing AIG’s chief executive, Robert Willumstad. They shouldn’t stop there, let them all go and start fresh. That’s my take on AIG, big losers.