AIG is arrogant! They know that NOONE will allow them to fail, as it would bring down the international economy worldwide. AIG’s deriviatives are still a possible tank for the markets, and these executives hold all the cards...however tense the moment. It’s blackmail of the US government....and our taxpayer dollars.
Could be, but my bet is that the Feds funneled the money through AIG to the banks. The fact that AIG was going to lend the money to foreign banks was part of the plan.
The politicians are criticizing the bonuses to cover up the foreign lending issue.
Then of course when it was being discussed, you thought they should have been forced to bankruptcy?