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?
3.18.2009
The Real AIG Scandal
It's not the bonuses. It's that AIG's counterparties are getting paid back in full.Posted Tuesday, March 17, 2009, at 10:41 AM ET
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