Which Way, L.A.?
Supreme Court Hears Debate on Prop 8
The world’s biggest insurance company is getting history’s biggest bailout. But where are billions of taxpayer dollars going?
By Warren Olney • • 1h 0m ListenChief Justice Ron George said today the state constitution is different from what it was when he wrote last year’s opinion legalizing same-sex marriage. Will Prop 8 stand? What about marriages performed before the November election? On our rebroadcast of today’s To the Point, American International Group, the world’s largest insurance company, got $150 billion in federal bailout money in the last quarter of 2008 and still lost $62 billion. The Obama administration has promised $30 billion more, but today the Senate Finance Committee threatened not to go along unless it finds out where that federal money is going.
Banner image: People rally in front of the California Supreme Court Building after arguments were heard for and against Proposition 8. Photo: David Paul Morris/Getty Images
