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Masters of Perfidy

The first clue that something was terribly amiss with the insurance giant AIG should have been made manifest when the conglomerate began offering products–and financial products at that. What exactly does an insurance company produce? The short and nas…

The first clue that something was terribly amiss with the insurance giant AIG should have been made manifest when the conglomerate began offering products–and financial products at that. What exactly does an insurance company produce? The short and nasty answer is that AIG manufactured precisely what it was meant to guard against. Namely, risk. Extreme […]

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This content originally appeared on CounterPunch.org and was authored by Jeffrey St. Clair.


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