Below The Beltway

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Here’s The Question We Should Really Be Asking About AIG

by @ 10:34 am on March 19, 2009. Filed under Credit Crisis, Economics, Politics

It’s got nothing to do with the bonuses, or the terms of the bonus contract, and even less to do with Barney Frank’s insanely self-indulgent demand that AIG reveal the names of the people who received those bonuses, but the NY Times’ Steven Davidoff directs us back to the question we should really be asking here:

[T]his is all merely a diversion for what should be the main focus: Where did the $170 billion go that taxpayers spent on A.I.G and why, and what we are going to do with A.I.G. going forward.

Can we please get back to talking about what really matters here ?

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