Spitzer demands AIG publish emails for all to see
Former New York Attorney General Eliot Spitzer and two law professors have demanded AIG publish emails about how the insurer collapsed in 2008 and who benefited from a $182.3 billion US bailout.
The demands from Spitzer, Frank Partnoy from the San Diego University School of Law and William Black of the University of Missouri in Kansas City were published in the New York Times.
AIG’s internal accounting documents and financial models should be put on the Internet to let regulators, journalists and taxpayers “piece together” details of the collapse, they said.
“AIG was at the centre of the web of bad business judgments, opaque financial derivatives, failed economics and questionable political relationships that set off the economic cataclysm of the past two years.” they wrote.
