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So that's why AIG had to be rescued.....

There is rage on Main Street after it emerged that AIG had spent of millions of the government's money on keeping staff.

There was even more rage on Main Street when it was found out that AIG had spent bilions of taxpayers' money on repaying counterparty credit requirements.

But imagine what could have happened if AIG didn't pay back the banks.

Bear Stearns and Lehman Brothers would have been afterthoughts. We could have seen some of Wall Street's biggest names go. Employment at 3%? If the US Treasury didn't come in, we would have seen employment at 8%.

Good decision, Ben Bernanke......even if it did make you angry.

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