Other chunks of the $700 billion will be harder, if not impossible, to recover. Some of it, such as $70 billion funneled to failed insurer American International Group Inc., ended up in the pockets of healthier banks that did deals with AIG
from CBS reports, in short funds given to AIG are used to make this 10% payment!!! Nothing like paying yourself. Print more money!!!
You mean they used it to meet their liabilities? Shocking!
What should they have done with the money?