The real scandal at AIG is the not the bonuses. It's the payments to counterparties

The real scandal at AIG is the not the bonuses. It's the payments to counterparties.

Everybody is rushing to condemn AIG's bonuses, but this simple scandal is obscuring the real disgrace at the insurance giant: Why are AIG's counterparties getting paid back in full, to the tune of tens of billions of taxpayer dollars?