Article: The Real AIG Scandal How the Game is Rigged at Wall Street’s Casino

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The Real AIG Scandal: How the Game is Rigged at Wall Street’s Casino

Lucy Komisar

AlterNet, 26 March 2009

There’s nothing like a grandstanding member of Congress to deflect attention from the real issues at hand by throwing a few juicy bones to the masses. Most legislators at a House Finance subcommittee hearing last week deftly avoided the real story of AIG’s collapse. Instead, they homed in on the public relations disaster of hundreds of top AIG officials and staff getting $165 million (later revealed as over $218 million) in bonuses.

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