We (.gov) didn’t give AIG 180 Billion. We gave Goldman Sachs, JPM, Citi, other banks and sovereign funds nearly 180 Billion using AIG as a conduit paying out their CDS. That adds no value to AIG but sure made all of the banks involved have record Q1 profits![/quote]
And all of them should’ve lost the money for making bad investment. But of course they are too big to fail.