Dealings

Did AIG Pay Off Paterson?

As if New York Governor David Paterson weren’t embattled enough already: NBC New York is reporting that “New York campaign finance records show American International Group donated $100,000 to the state Democratic Committee just before Democratic Gov. David Paterson and his insurance superintendent launched marathon sessions to prop up the embattled insurer.” The donation was made on August 29, and on September 16 Paterson announced the “great news” that New York officials had helped persuade the Federal Reserve to keep AIG afloat.