Bob Chapman: Many US, UK and European Banks are Insolvent....Greece is the experiment. They're gonna see how much shit those people can eat, then they're gonna liberate them with a loan when they turn to cannibalism and witchcraft - just short of them becoming self-sufficient.The AIG bailout was a pass through to those who bought credit default swaps (bets against the US housing market). The top 3 counterparties (beneficiaries of our tax money) of the AIG bailout were Goldman Sachs, Societe Generale, and Deutsche Bank. Also, Treasury Secretary, Hank Paulson, was former CEO of Goldman Sachs and sold $500 million in Goldman stock tax free when he took the job. He pushed the AIG bailout that went to Goldman Sachs' bets against our housing market and we paid for it.
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