#5. AIG
The never-ending IOU
Anger about the bailed-out insurer has died down some. But the New York-based company is still in hock up to its eyeballs to taxpayers, and efforts to sell off the crown jewels aren't proceeding according to plan.More to the point, AIG is now shorthand for a debilitating syndrome that this year's financial reform push appears to have left untreated: The urge felt by regulators to maintain short-term financial stability at any price.
The failure to put a stop to companies being too big to fail means there will be another AIG one of these days -- and that's something that no one can feel good about.
Last updated July 02 2010: 11:38 AM ET
