Dayanand Menashi

All That's Wrong with the AIG Bailout

Has anyone thought of the liability part of AIG's balance sheet and which are the companies that are paying it. As June-30 / 2008 it had a liability of $971bn. Out of which $162bn was long term borrowings. All the people who leant that money can just forget about it because it will be next to impossible to get money from its new owner.