Posts Tagged ‘AIG’
It’s not the bonuses. It’s that AIG’s counterparties are getting paid back in full.
By Eliot Spitzer
Everybody is rushing to condemn AIG’s bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG’s counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?
For the [...]
Tags: AIG, Economic Crisis, Geithner, Obama