AIG has already received over $150 billion from the government, and now they want an additional $60 billion:

American Insurance Group, the insurance giant that is 80-percent owned by the US government, is in discussions with the government to secure additional funds so it can keep operating after next Monday, when it will report the largest loss in U.S. corporate history, CNBC has learned.

Sources close to the company said the loss will be near $60 billion due to writedowns on a variety of assets including commercial real estate.

That massive loss is likely to spur downgrades in its insurance and credit ratings that will force AIG to raise collateral that it doesn’t have.

I’m sure Rick Santelli has no problem with AIG sucking up so much money, unlike those greedy homeowners. So let’s see. To keep AIG going, we are looking at over $200 billion. To keep millions of Americans in their home – $50 billion, or less than 1/4th the cost of AIG. I say the American in AIG represents the owner now.