A.I.G. and Greece: Comparing Bankruptcies

by Elliott Morss Introduction In the midst of the Greek crisis, a report was issued last week by a watchdog government agency assessing how the Federal Reserve handled the A.I.G. crisis. Remember that one? At one point, the Feds had ponied up $182.3 billion to save A.I.G. And let’s put this in perspective: so far, …