one thing you have to see: a government spending trillions in ten minutes is just going to have to become the world center of corruption. i guess that's stimulative. on aig. what i'd like to see is the story of how they got so large. i think you'll find that they controlled their own regulation and growth through, for example, campaign contributions, their own form of insurance. this is why ever-heavier regulation is not likely to produce the result you want. new instruments are developed as strategies for ever-more  complex evasions. lobbying proceeds. money flows in both directions. the regulators and the regulatees are not ultimately distinct. in a state capitalist squishy totalitarianism, the state and the corporation are not different things, so regulation is almost a silly notion.