AIG and a little trouble sleeping

March 2, 2009 6:53 AM
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Remember this anxious, sleepless little feller? Today the New York Times describes how AIG is “preparing to report a $62 billion loss on Monday, the biggest quarterly loss in history.” After some additional figuring, AIG — already almost 80 percent owned by we the people — has found that “the strength to be there” will require another $30 billion or so, on top of the $150 billion in checks we’ve signed to date.

Okay, so it’s biggest financial failure of all time.

But if you look at AIG in light of the above campaign aimed at disturbing our sleep with impending money troubles, well then you would have to score it a stunning success.

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