AIG: The Looting Continues (Banana Republic Watch)
Nov 10, 2008 9:20AM
The Wall Street Journal reports, as was rumored on Friday, that AIG appears on the verge of approving a considerably enlarged and sweetened rescue package from the government.
We were less than happy with the idea when it first surfaced (see our rant "The Black Hole Gets Bigger: AIG Back for Yet Another Bailout").Let us review the basics:
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