Must reading from The Wall Street Journal on the never-ending AIG bailout and the political shenanigans and multi-billion-dollar cover-ups that go far beyond $165 million in contractual bonuses.
Taxpayers have already put up $173 billion, or more than a thousand times the amount of those bonuses, to fund the government’s AIG “rescue.” This federal takeover, never approved by AIG shareholders, uses the firm as a conduit to bail out other institutions.
