Protesting the Wrong AIG Giveaway

Far be it from me to discourage the current populist outburst over the $165 million in employee bonuses paid out by American International Group, but I can’t avoid the feeling that this is drawing attention away from a much larger outrage. The bonus controversy erupted just as AIG was forced to reveal the identities of the parties that were the biggest beneficiaries of the federal government’s massive bailout of the insurance company last fall. Billions of federal dollars flowed through AI

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