First off, to the other posters blaming this on Obama, they need to check their facts. The AIG money was received by the BUSH bailout. It was Bush that failed to place limits on the cash, not Obama. Bag on Obama if you want, but get it right.
Second, I see this more as giving them the money to buy a cadillac, but they only use a portion to put a down payment on a Lexus then they use the rest on cocaine and strippers. When the note on the Lexus comes due, they come back and say they need more.