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"The government has been saying, ‘We’re your friend, we owned and controlled you and we let you go.’..."

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““The government has been saying, ‘We’re your friend, we owned and controlled you and we let you go.’ But A.I.G. doesn’t owe loyalty to the government,” a person close to Mr. Greenberg said. “It owes loyalty to its shareholders.””

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Rescued by a Bailout, A.I.G. May Sue Its Savior - NYTimes.com

This explains everything you need to know about our economic problems in 3 sentences. (Note: you can substitute just “the government” with  just about anything.)


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