cbsnews.com — Steve Kroft reports on the troubled insurance giant, and talks to its new CEO [with video]: Of all the corporate bailouts that have taken place over the past year, none has proved more costly or contentious than the rescue of American International Group (AIG). Its reckless bets on subprime mortgages threatened to bring down the world economy.
May 18, 2009 View in Crawl 4
muckemuckMay 18, 2009
... and why they funneled billions off to other banks and even foreign banks. But the taxpayers don't care.
noodsMay 18, 2009
f**k that! I don't want that piece of s**t company! You guys can pay for it if you are concerned about "systematic risk".The people in the banking sector are just walking away with billions of dollars. The government thinks this is great because they get to knock another Socialism Domino down. In the end the system is just going to be insolvent and we are being robbed.
Closed AccountMay 19, 2009
AIG, assh**es Investing Garbage.