09-26-2008, 04:11 PM
Speaking as a UK citizen here, I thought that the bail out was a loan and not only that it was a loan at an interest rate above the norm which was to give AIG the incentive to sell off parts in order to quickly repay the loan.
Having given every US citizen all that money how long have they got to repay it? Will they be charged that high rate of interest as well?
Having given every US citizen all that money how long have they got to repay it? Will they be charged that high rate of interest as well?