Leave it to the Rolling Stone & Matt Taibbi, to get the real story right.
Hidden past the smoke screen of the bonus outrage, the counter parties and their own desire to PROFIT at any COST.
http://www.rollingstone.com/...
In essence, Paulson used the bailout to transform the government into a giant bureaucracy of entitled assholedom, one that would socialize "toxic" risks but keep both the profits and the management of the bailed-out firms in private hands. Moreover, this whole process would be done in secret, away from the prying eyes of NASCAR dads, broke-ass liberals who read translations of French novels, subprime mortgage holders and other such financial losers.
Place AIGFP into receivership.
Fire Geithner, Summers, Liddy, and anyone else from Goldman Sachs or any other major bank.
Bring in Stiglitz NOW.
