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In 2008, bailed-out AIG canceled about 160 events costing a total of $80 million.

Start here.

[AndyJackson]

I am not sure what point you are making? Some folks seem to argue that the taxpayer should have paid more to AIG so that they could support an already overbuilt travel industry?

Others forget that Bush was president in 2008 when the decision to bail out AIG was made.

The only problem with trying to pin all of this on Obama, is that the underlying fundamental economic problem was already well in place before he took office. Has he done all the wrong this? Of course. But the right things would not be bailing out James Tisch.