How do you like it, how do you like it:
American International Group Inc (AIG.N) reported a quarterly loss of $8.9 billion on Friday and warned that it may need additional U.S. government support, even as it tries to pay back taxpayers after a $182.3 billion bailout.
They’ll get it, too. Too big to fail!

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Ooooo, this would be bad:
AIG is the newest name to be linked with Greece as the bailed out insurer has emerged as a source of CDS on the troubled state.
Two reports this weekend, both based on a German newspaper article, cited the U.S. government owned firm as a key supplier of CDS on Greek debt.
This […]

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In the New York Times. Long and good, but something stands out.
The writer, one Jake Desantis, asserts - quite correctly - that not everyone at AIG is resopnsible for the meltdown of the company; not all of those executives who got the bonuses were involved with the sale of the credit-default swaps which brought the […]

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