Nationalising a huge diverse insurance company is a bizarre move. But letting AIG would have unleashed hell. It was a company of titanic proportions. Last night they said that Morgan Stanley and even Goldmen Sachs were considering goign to the fed with begging bowls.

Interesting times indeed. The US government has shelled out 200 billion to buy floundering financial insitiutions and massively tightening market constricting regualtions are being written by ..... The GOP...... May you live in interesting times