This is pretty good:

Click Here for Monopoly, Subprime Mortgage Edition

One of the best cards: “All of your money was in AIG and Bear Stearns stock. Lose $200″.

Thanks to one of our readers, Rick, for sending this to us.

Even as the company was pleading the federal government for another $40 billion dollars in loans, AIG sent top executives to a secret gathering at a luxury resort in Phoenix last week.

Reporters for abc15.com (KNXV) caught the AIG executives on hidden cameras poolside and leaving the spa at the [...]

It is astounding the differences that you can find in opinion regarding this bailout. Often those differences are shown in the news sources and the target audience thereof.

Here are examples A and B:

The American Institute of Economic research gives a reasoned and balanced assessment of bailing out big auto [...]

Now that Fannie Mae is owned by the U.S. government as part of the FHFA, the bailouts will probably never stop for them. Failing government programs tend to have long shelf lives.

Fannie Mae, the troubled US mortgage finance giant, has said that the $100 billion bailout it recieved from [...]

The Wall Street Journal is reporting that GM is in talks to expand its Chinese operations, fresh on the heels of the multi-billion dollar bailout by the U.S. government.

General Motors Corp., which is lobbying for a bailout from the U.S. government, is in talks to increase its stake in [...]

Why is this type of logic in the minority these days?

Michael Geoghegan has sprung to the defence of HSBC suggesting that the company’s more conservative lending policies over the years have now proved to be perfect with HSBC relatively untouched in balance sheet terms from the ongoing worldwide slowdown. He [...]

This is a debate between Jonathan Hoenig from CapitalistPig.com and Brian Fredline from the UAW about the auto industry’s latest bailout proposal. Probably the funniest part is when Mr. Hoenig calls GM a “Ponzi scheme”.

In a record bailout of a private company, the government on Monday provided a new $150 billion financial-rescue package to troubled insurance giant American International Group, including $40 billion for partial ownership.

Read the rest here.

An employee from Bloomberg News contacted me to follow up on the whole story regarding their lawsuit against the Federal Reserve. He sent this link for the full story:

The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers [...]

Our European friends aren’t immune to corporate fraud either, it seems. Shouldn’t this be a lesson to all of us that handing out public money to private corporations (especially with no strings attached) is simply a recipe for failure and public outrage?

The Royal Bank of Scotland has blown £300,000 on [...]