Bailout Outrages Go Way Beyond AIG

AIG bonuses are just the tip of the iceberg of bailout outrages. Here are more:

• Wall Street Firms Looking to Circumvent TARP Bonus Caps Via Salary Increases: higher base salaries translate to even larger bonuses for the bankers who destroyed the global economy!
• AIG is still underwriting the high-risk mortgages which produced huge losses for AIG and Fannie/Freddie 
• AIG gave $200 million of taxpayer money to Ken Griffin of Citadel Hedge Funds for his losing bets on Credit Default Swaps, while funding Grover Norquist to demand more taxpayer bailouts
• Citibank CEO Vikram Pandit falsely told Congress his "total compensation" was $1 million, failing to mention stock awards worth $37 million when issued. Other executives also made millions.
• Richard Kovacevich, Chairman of Wells Fargo, attacked TARP but didn't offer to give back our money.
• Goldman Offers Loans to Stretched Employees: The top bankers who made the most money are now so "poor" they need to "borrow" millions of our tax dollars to pay their capital obligations to Goldman
• Treasury Footnote Loses Billions: Hank Paulson screwed taxpayers out of billions by quietly moving back the strike pricing date for warrants at a time when stock prices were plunging
• Geithner's $1 trillion plan to expand consumer loans (TALF) would give 95% of the risk to taxpayers and just 5% to "investors" - who would of course keep all the profits
• Geithner will soon release his plan (PPIF) for taxpayers to spend another $600 billion to $1 trillion to buy toxic assets from banks
• Obama's proposed budget includes a $250 billion "placeholder" for financial bailouts
• Chris Dodd plans to authorize FDIC to expand bank guarantees from $30 billion to $500 billion

And besides the bailout, it's impossible to keep track of all the ways rich Americans are screwing the rest of us:

• Accused billionaire swindler R. Allen Stanford and his wife owe the IRS $226.6 million in back taxes
• The Button-Down Mafia: How the Public Accounting Firms Run a Racket on Investors and Thrive While Their Clients Fail