I own AIG!

And unfortunately, so do you, fellow taxpayer. Last night the fed decided to buy bad mortgage loans from investment banks to prevent more institutions from going under. NPR said that American taxpayers are going to own a "toxic porfolio" of the country's riskiest loans. And how will we pay for this sludge? Well, no one seems to be saying yet but I have a feeling it starts with C and ends with hina.

PS - here's a great linik to the BBC's layman's finance crisis glossary