AIG – too big to fail?

    Last week, the federal government announced it was giving AIG an additional $30 billion dollars to save the international insurance giant from going under. Add that to the $150 billion the company got last fall. Even more interesting is that last week AIG reported losses in the last quarter of 2009 totaling $61 billion – the largest quarterly loss in history. In this hour of Radio Times we examine the question – Why is AIG to big to fail? Our guests are Penn law professor TOM BAKER and BusinessWeek writer DIANE BRADY. Listen to the mp3

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