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	<title>There Is No Plan &#187; AIG</title>
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	<description>Risk-averse policymakers should not read this blog.</description>
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		<title>AIG. Was the Bailout From Hell a Mistake?</title>
		<link>http://www.thereisnoplan.com/2009/03/19/aig-was-the-bailout-from-hell-a-mistake/</link>
		<comments>http://www.thereisnoplan.com/2009/03/19/aig-was-the-bailout-from-hell-a-mistake/#comments</comments>
		<pubDate>Thu, 19 Mar 2009 09:57:57 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Business BS]]></category>
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		<guid isPermaLink="false">http://www.thereisnoplan.com/?p=1021</guid>
		<description><![CDATA[The word du jour right now is &#8220;rathole&#8221;, a rather ugly expletive that equates to plughole, drain, succubus, and other such unpleasantries. It may however be too polite a phrase for what is going on right now with the bailout of AIG, the government&#8217;s new pet project that looks like it&#8217;s going to hand the [...]]]></description>
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		<title>The AIG Gravy Train &#8211; It Just Keeps Getting Worse</title>
		<link>http://www.thereisnoplan.com/2009/03/02/the-aig-gravy-train-it-just-keeps-getting-worse/</link>
		<comments>http://www.thereisnoplan.com/2009/03/02/the-aig-gravy-train-it-just-keeps-getting-worse/#comments</comments>
		<pubDate>Tue, 03 Mar 2009 00:14:43 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
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		<description><![CDATA[Joe Nocera of the New York Times wrote a great post today which adds more grist to the mill on the price discovery issue relating to AIG&#8217;s credit default swaps (CDSs). Not only does the government end up propping up the most destructive derivative behavior around, but it does so while allowing AIG to maintain [...]]]></description>
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		<title>AIG. Another $30B? Enough.</title>
		<link>http://www.thereisnoplan.com/2009/03/01/aig-another-30b-enough/</link>
		<comments>http://www.thereisnoplan.com/2009/03/01/aig-another-30b-enough/#comments</comments>
		<pubDate>Mon, 02 Mar 2009 04:36:24 +0000</pubDate>
		<dc:creator>coolrebel</dc:creator>
				<category><![CDATA[Washington]]></category>
		<category><![CDATA[AIG]]></category>
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		<category><![CDATA[Credit Default Swaps]]></category>
		<category><![CDATA[geithner]]></category>
		<category><![CDATA[Obama]]></category>
		<category><![CDATA[TARP]]></category>
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		<guid isPermaLink="false">http://thereisnoplan.wordpress.com/?p=881</guid>
		<description><![CDATA[Frank Rich&#8217;s piece in today&#8217;s NYT suggests that a populist backlash against corporate malfeasance and greed could do serious damage to Obama&#8217;s agenda, and give the GOP a bridgehead from which to fight back. On the very same day, AIG is apparently to receive another $30bn of taxpayer largesse. This might be the straw that [...]]]></description>
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