Dick Gephardt's Spectacular Sellout
In March, months after the government gave an unprecedented $85 billion to AIG, the insurance giant released a list of counterparties, exposing some of the world's top financial institutions as the real recipients of the bailout. First among its peers, Goldman Sachs got a whopping $12.9 billion, despite having claimed in September to be insulated from AIG's troubles. Based on these revelations, Maryland Democratic Congressman Elijah Cummings, who had ... Full Story »
Posted by Vincent Caminiti - via The Nation
As right-wing politicians have so amply demonstrated: money corrupts and absolute money corrupts absolutely.