Honestly, how did *anyone* not see this coming? For anyone that thought that the bailout was a good idea (and by anyone I mean anyone, regardless of political party or leanings), you're getting what you deserved. Unfortunately you're dragging the rest of us with you.
What did anyone expect to happen? We took businesses with a *proven* failed operating plan, and gave them more money to "keep on keepin' on." We rewarded bad decisions and then all of a sudden, the still operating failure of a business (surprise!) keeps on making bad decisions and burning through capital faster than it takes it in. I know this is a logical fallacy, but damn! you had to be stupid to not see this coming. Anymore I just chuckle at the absurdity of this whole situation... we're getting what we asked for. I can't blame AIG for this, it is doing exactly what it has been doing-- f*ing up. But when we give them free money to keep on doing it, you can't blame them for thinking it might actually be good business.