Hang The Bastards – Or At Least Bring Fraud Charges

The American nation, from the President down, is outraged over the continuing multi-million dollar bonuses to AIG executives and traders after $180 billion in public funds have gone to shore up this massive insurance firm. At AIG, especially in its London operation, massive numbers and amounts of insurance policies were written to ensure risky trades by customers. Policies that largely did not have any reserve set aside to cover payouts.