Experts fear AIG is beyond saving

AIG is burning through the bailout money it received from the U.S. Treasury and the Federal Reserve at a rapid pace, forcing the agencies to expand twice what was originally $85 billion. The original bailout already was the biggest government rescue of a private company in U.S. history. Some players in the rescue have increasingly suggested that a straightforward bankruptcy may have been better for everybody, particularly taxpayers.

View Full Article in:

Washington Post (tiered subscription model), The

Published in Brief: