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Aig: what went wrong a look at how the icon of insurance got itself in such a mess -- and where all the probes are headed aig admitted no wrongdoing,. Aig aig private client group bring on tomorrow author: your user name created date: 10/2/2014 3:46:25 pm. The aig bailout scandal the story of american international group explains the larger catastrophe not because this was the biggest corporate bailout in history. Paratytechcom.