The fact that there is no unison between different accounts proves nothing.

At the time we were told that AIG's general insurance business was in good shape and did not need rescue. Now we are told that it too was polluted by fraudulent instruments, in which case most insurance policies in the free world were at risk. If substantiated, this assertion just adds to the original justification of preventing banking collapse. This is not a sign of regulatory confusion as some would have it: if substantiated it means that the free market had killed not only the banking system but the financial security of the free world in pursuit of profit for themselves. Which means that the round of applause for the US Government should keep getting louder and the regulations to control dysfunctional financial behaviors deserve to be tougher.