Bending the Tax Code, and Lifting AIG's Profit

02/28/2012 09:55 am ET | Updated Apr 29, 2012

Last week, the American International Group reported a whopping $19.8 billion profit for its fourth quarter. It was a quite a feat for a company that was on its death bed just a little over three years ago, so sick that it needed a huge taxpayer bailout.

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