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FLASH: AIG CALLED CRIMINAL SCAM! external link

The Market Ticker | by nospam@example.com (Karl Denninger) | Wed, Apr 1

Thank you Timmy, thank you Ben Bernanke, thank you Henry Paulson, thank you George Bush and thank you President Obama.

Distilled to one sentence: The bailout of AIG is equivalent to the US Taxpayer bailing out Madoff's admitted (and now convicted) Ponzi Scheme.

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