Bailout Banks Cheating Us?

I guess there's something about me that likes to be outraged at least once or twice a day. Following is a clip from the Washington Post that irritates the daylights out of me - and I'm one who favors bailing out the banks.

Most of America's largest publicly traded corporations -- including several that are receiving billions of dollars from U.S. taxpayers to finance their recovery -- have set up offshore operations that could help them avoid paying U.S. taxes on their profits, a government study released yesterday found.

American International Group, Bank of America, Citigroup and Morgan Stanley are among the companies that are getting bailed out by U.S. taxpayers while having subsidiaries in locations where they can avoid paying U.S. taxes, according to the Government Accountability Office.