And if you're not that angry, just read this article:
http://www.rollingstone.com/politics/story/26793903/the...
I suggest contacting your Senator, Representative, and especially the White House.
Regulators have unlimited authority to abolish a company like AIG, which means that Obama does. Enough of this "too big to fail" bullshit. AIG is a criminal organization, never mind what it's supposed to be. It's not big to fail, it's too big to support.
I say liquidate it, take its assets, prosecute and sue its executives and the guilty counter-parties to get as much of our tax money back as possible. Track down every one of them who knowingly profited from AIG's schemes. At the very least, break it up, and break up all of those "too big to fail" companies too. If they're too big to fail, they are too big.
There are far better reasons to shut down AIG then there were to shut down Arthur Anderson-- Enron's accountants.
Retention bonuses? How about unretaining them
Protesters visit AIG officials' lavish Conn. homes
I think Obama should return the $104,000 he received from AIG for his presidential campaign. He and Senator Dodd (D) were the two highest recipients of AIG contributions last year. Does it surprise you that Dodd was responsible for getting these bonuses written into the bill? Political paybacks? Nah :- Obama's disbelief seems very genuine :D.........NOT!