The article also glossed over the fact that AIG waited until there was an $85 billion dollar hole in their balance sheet to contact the Treasury&#x2F;Fed about it. The article describes this as<p>&quot;In fact, the relative health of its business may have fucked it harder than all those credit-default swaps—as one of the last institutions to run out of cash, it was also one of the last to start seeking a lifeline from foreign wealth funds. &quot;<p>The size of that hole and the fact that it was needed in a few days time ruled out any merger&#x2F;acquisition or selling off assets (which could take weeks to price).<p>Also, Vice should probably not treat Hank Greenbergs lawyer as the source of truth since he has a very clear economic bias to paint AIG in the very best of light. He stands to gain a percentage of a massive settlement if he wins.