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AIG’s CDO stuffing

William Cohan, author of “House of Cards” and a Bloomberg Television contributing editor, talks with Deirdre Bolton and Erik Schatzker about how collateralized debt obligations helped drive American International Group Inc. to the brink of disaster.

Also today the Federal Reserve released the details of the Maiden Lane holdings… which includes the dreck described in this story… I look forward to the reporting on Goldman, Trust Company of the West and the other players in this taxpayer disaster…

So who got stuffed? AIG? The Federal Reserve Bank of New York? The US Treasury? The taxpayers?

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