Yes in the AIG bailout foreign banks were also given plenty of money (tens of billions of dollars)
You are right though that this is a continuation of policies... and essentially proof in itself that the presidency is more like a 'relay' where they just pass the baton, and not really competing factions fighting for the best interests of the people they represent.
At taxpayer expense... you forgot about that... you also neglected that american taxpayers are bailing out foreign financial institutions as well...
Remember : If we can agree that these banks were really 'too big to fail', then you must also agree that everyone else is 'too small to save'??
I dont agree that the banks were too big to fail. They were to big to allow them to stop operating as that would impact the US economy to a huge level. They were not to big to go bankrupt, and have shareholder, bondholders lose a ton of wealth. Not to mention depositors who would and should have only had the FDIC guaranteed levels given to them. The way the FDIC is handling the small banks is the way the government should have handled Citi, Goldman AIG etc.