A Good Primer On AIG

Ken AshfordEconomy & Jobs & DeficitLeave a Comment

Since you now effectively own part of AIG, you might want to know what you’ve bought.  If you’re like me, you’ll have to read paragraphs twice, but this is a workable primer on the whole AIG bailout.

BTW, here’s a very good cartoon slide show on the subprime mess — a subprime primer, if you will.  It’s from May, so it doesn’t encompass the current crisis, but if nothing else, you can see how the subprime debacle leads to widespread ruin throughout the entire financial sector.