Wednesday, March 14, 2012

Elizabeth Warren has asked Congress to stop the secret bailout of AIG, and so should you.

Dear Friend,

At the height of the financial crisis, we spent billions of dollars bailing out failed insurance giant AIG after its reckless bets on mortgage-backed securities went south.

And now, according to recent reports, the Treasury is engaging in a second, secret bailout of the firm -- one that's costing U.S. taxpayers billions, and artificially boosting AIG's profits, leading directly to higher share prices and bigger executive bonuses for some of the same people who ran the company into the ground.

Elizabeth Warren and three other members of the Congressional Oversight Panel for the Troubled Asset Relief Program she chaired -- including two members appointed by Congressional Republicans -- have denounced this stealth bailout of AIG and asked Congress to intervene.

I agree, so I just signed a petition telling Congress to stop the secret AIG bailout

I hope you'll sign the petition too.

You can find out more information and easily take action at the link below.

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