According to CNBC news, OBAMA will try most effort to stop US government payment (rescue plan)to AIG because of 1) cooking book and 2)more than 190 million dollars bonus to pay the company's executives etc. Obama, the modern super hero.
Ben's comments days ago said "If and If and only If the government can continue to help the "bad" banking systems, US economy can see bottom by the end of this year, recovery from early next year..."
Like a typical "movie". Obama said the previous government have spent too much US tax payers money to these people who break the rule and hurt the economy and his aim is to "stop" this happening... He try to recover these money as soon as possible. Quite the contrary to old "Ben", please give more money to the bankers and this will help us... Really?
Another big issue in USA now is talking about "who is going to replace "Ben" or who can challenge him?". I guess what OBAMA have to do urgently is to pick up more "guilty" people in America so will make his job easier...
AIG Price at posting:
12.0¢ Sentiment: None Disclosure: Not Held
