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American International Group

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Top American International Group Articles see all

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  • All the Money in the World-and Then Some

  • Why are Taxpayers Paying Paulson's Goldman Sachs Cronies Secret Billions?

    The Columbia Journalism Review's Dean Starkman posted an analysis today on why we should be outraged. He points out that the AIG bailout money ($123 billion, give or take) is going straight to counterparties -including Goldman Sachs-and not even stopping...

    Alan Greenspan: "Don't Blame Me"

    Alan Greenspan As a reporter with a passing interest in economics, the worship of Alan Greenspan has puzzled and irked me for two decades. The allegedly "brilliant" chairman of the Federal Reserve, who speaks with the clarity of an autistic middle-...

    Bond Market Bingo

    Today Treasury Secretary Tim Geithner unveiled his plan to save the financial system. The response has been predictable: bankers and Wall Streeters love it, normal people don't understand it, and a sliver of taxpayers with the fortitude to check it out...

    TARP-pay Diem!

    The New York Times finally caught on today, publishing this pretty good story about the perils of bailing out Level 3 assets held by profligate banks. To recap our saga: Back in September, Treasury Secretary Henry Paulson rolled out the Troubled Assets...