This is very detailed and cumbersome reading, but it is extremely enlightening in light of the AIG bailout. In case anyone’s wondering what leverage AIG has over the government that lets it pay people bonuses for creating the largest losses in U.S. corporate history, here you are:
Aig Systemic 090309

http://seekingalpha.com/article/126213-aig-s-blackmail-note


 
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