Corporate Profits Are Up, Regular Folks Aren't

We got some good news Monday night: The government sold off all of its shares in AIG, the huge insurer with a hedge fund on top that went bust at the height of the 2008 financial crisis, requiring a $182 billion taxpayer bailout. With the stock sale this week, we learned that the Treasury Department came away with a profit on behalf of taxpayers of about $23 billion.

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