It seems that some of the banks that received bailout money are helping wealthy customers hide money in offshore accounts in places like the Cayman Islands!!! Duh. Is anyone surprised to hear this when some execs are still getting billion dollar bonuses and the banks who got the money have so far refused to say where it went? And where does AIG get off asking for more money? I understand what the President says when he explains that the banks must not be allowed to fail so the economy can stabilize. But if it were up to me, I would be in their books EVERY week until this crisis is over and they would not get a cent unless I was satisfied about where the money was going.
Just one taxpayers opinion. Because the truth of the matter is that ALL money is taxpayer money whether you put it in a special account or it's part of the bailout money. What do you think?