[RSmithOpt]

re #13.......wow...what a prime example as to why AIG and others have had to suck more on the taxpayers' teat.

I wonder whom all owns all the CDS junk paper on that money pit?

OF course, their prized CDS paper doesn't say spit about their percentage of investment on that address and its value/loan amount.

[dirtboy]

The worst part of the AIG/CDS bailout is that many holders of credit default swaps did not even own the underlying securities - it was a novel way to short the securities. And we bailed them out on their bets against the economy.