Treasure Secretary Henry M. Paulson Jr. and the Fed chairman, Ben S. Bernanke, convened a meeting with House and Senate leaders on Capitol Hill last night to discuss giving AIG an unprecedented $85 billion bailout.
What does that mean? It means AIG's commercials just got really, really funny!
Each spot features precocious little urchins discussing topics like "risk management" (ha!) and their parent's perceived personal finance failures until eventually the name of AIG is invoked as a salve to soothe their worried minds. Each commercial ends with AIG's tagline "The strength to be there." We saw these running as recently as Sunday, two days before you and I, the taxpayers, bailed the company out with 85 billion of our dollars.
You know what's extra funny? The children of the kids in these spots will still be bailing out this, the Summer of Dumbass '08.