"Look at where the money went: Goldman Sachs, Paulson's firm, foreign banks," Sen. Jim Webb (D-Va.) said Wednesday. "AIG gave more money to foreign banks than we gave in loans to the auto industry."
"The real outrage over the AIG bailout isn't executive bonuses, it's that billions in taxpayer funds intended for AIG have been passed through to benefit foreign banks and Wall Street behemoths like Goldman Sachs," former House Speaker Newt Gingrich wrote in an e-mail letter to conservatives Wednesday morning.
So the foreign bank thing....is that an issue or not? Was the money AIG gave to foreign banks money that AIG owed foreign banks? If it was I don't see how we can be irate over it.
Quick someone explain; my brain is all fizzled out.