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Preserver.jpgEver since Uncle Sam tossed American International Group a life preserver after the company nearly drowned our economy in reckless credit default swaps, Congress and the consumer press have been hammering AIG for some pretty ungrateful behavior. One major newspaper went so far as to suggest that AIG really stands for “arrogance, insensitivity and gall.” Are the critics right? Unfortunately, I think so, for mistakenly thinking AIG could continue to conduct business as usual in this post-subprime world.

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