It would appear that AIG is selling everything but it’s black budget operations, which the government will then essentially own. Sounds a bit circular to us but that is how document management on very big frauds seem to go these days. Only the Treasury and the Fed will know where all that money went and no amount of Freedom of Information requests and subpoenas will require them to tell.
AIG: Doomed to Fail?
CNNMoney.com (28 Apr 09)
