The AIG Bailout Crime

Why did the Fed intervene? What is the nature of this intervention? Why did AIG agree to this? Why did it not seek protection under the bankruptcy code? How did the eventual course of action come about? Whom is the Fed helping? Whom is it harming? What has the Fed revealed about all of this? What has AIG revealed about this? What can we learn from press reports and leaks?  FULL ARTICLE