From PRI, Public Radio International and KCRW Santa Monica, this is To the Point.

Could AIG wreck the global economy?

Hello again, I'm Arminolny, and this is To the Point from Public Radio International.

A daily look at the issues, Americans care about most.

Despite massive federal subsidies,

the world's biggest insurance company still lost tens of billions of dollars.

Now, AIG is slated to get billions more.

Today, one senator called it a lost cause,

and others demanded to know where that federal money is ending up.

But the Federal Reserve said,

revealing AIG's creditors could destroy the company which is so big it could take the world's financial system down with it.

On to the point, how did it get that way?

Where has all that taxpayer money been going?

Is there an option to pouring in billions more?

On reporter's notebook later on, new ties with Russia and mixed signals about Iran.

First, here's the news.

Support for To the Point comes from subscribers of KCRW Santa Monica and from the Public Radio

International Program Fund, whose contributors include the Ford Foundation and the John

D. and Catherine T. MacArthur Foundation.

Hello again, Warren Alleney, back with To the Point. AIG, the world's biggest insurance company, is getting history's biggest bailout.

But there are almost $200 billion, where are almost $200 billion taxpayer dollars ending up?

The Federal Reserve told a Senate committee today that going

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