AIG wasn't just an insurance company but acted as a speculative investment bank/hedge fund.
Immense, interlocked, incestuous borrowing is bringing down the entire banking system.
The 4 million homeowners should be saved from defaulting.
to read the article by Amy Goodman published 9/18 on CommonDreams.org, click on
http://www.commondreams.org/print/32512