Could the government let AIG (AIG) fail? Hard to say for sure without the facts, Baseline...

|By:, SA News Editor

Could the government let AIG (AIG) fail? Hard to say for sure without the facts, Baseline Scenario's James Kwak says. "The government by now has had six months to study the books of AIG and its major domestic counterparties. People are no longer willing to take it on faith that the future of the free world depends on an implicit blanket guarantee for AIG. At least we want to see some evidence."