And the in this case the house would be companies such as AIG, or Goldman Sachs, or Bank of
America.
Supposedly they made risky bets (Credit Default Swaps, Derivatives, Bundled Mortgages, etc. yadda
yadda) Well all this shit was simply paper with cute little AAA ratings attached. But it was
still risky shit, or was supposed to be.
But all of the sudden (last fall) OMFG, the world is gonna fall if we don't help the house keep
it's cards stacked on spit and lies.
Well, some of it fell, then we got bilked/milked/robbed out of BILLIONS to prop up Gamblers?