Federal Reserve and U.S. Treasury makes tidy $23 billion profit on AIG
The expensive (£1.2 trillion at one point) and currently loss making bail out’s of British financial institutions by the U.K. government including RBS, Lloyds and Northern Rock following the financial melt down of 2007-2008 has had a significant and continued negative impact on the public finances. In contrast, U.S. taxpayers have fared much better from the…