Why/How is AIG using the taxpayers’ money?

I found this lecture video explaining quite well why and how AIG is using the taxpayers’ money for this whole financial mess. Before watching this, you should watch this past post Crisis of Credit Visualized first to understand the bigger picture.


After watching this video, you should know why the taxpayers have been so upset at AIG.

If you want to dig deeper into these financial background details, you can check out these Whiteboard videos yourself.