By Yasha levine
Thanks to AIG, some of the poorest residents of rural Kentucky learned you can always be made poorer by corporate villains.
What are we getting in return for the bailout? So far, predatory credit card rates, exorbitant bank fees and obscene Wall Street bonuses. But we’re being robbed in other, sneakier ways, too. It seems that taxpayers in the poorest, most vulnerable parts of the county are getting plundered by the same institutions they bailed out. One example is AIG’s underhanded fleecing of residents of rural Kentucky.
Continue reading Bailed-Out AIG Forcing Poor to Choose Between Running Water and Food
Update:
Report Cites $11 Billion Shortfall in A.I.G. Business
The New York Times (30 Nov 09)