Capitol Hill was quick to cut a near blank check for Paulson and Co. to rescue the Wall Street Mob that had racked up years of bad debt.
In fact, a short 3 page document was all it took to get a cool $700 billion right off the bat (which has already swollen into the trillions!)
But when the CEOs of the Big 3 were summoned to D.C. several weeks later they got their proverbial hands slapped trying to reach into Uncle Sam's candy jar.
Is it true that the Big 3 have been poorly managed for decades as foreign competition continually outpaced them? Yes. Is it also true that there has been greed and corruption in the financial sector? You bet.
But why the discrepancy? Here's John Stewart to explain...
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