Disgusting!
http://www.nytimes.com/2009/03/15/business/15AIG.html?_r=1&hp
And further disgusting: We don't know the names of those counterparties being bailed out along with AIG, who are not innocent and therefore could not have won a breach of contract suit:
http://www.nytimes.com/2009/03/15/opinion/15sun1.html
Sunday, March 15, 2009
A Contract is a Contract -- AIG
Labels:
aig,
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Civil Society,
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credit default swaps,
derivatives,
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Glengarry,
Liar's Poker by Michael Lewis
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