Calls for transparency grow louder

For months, American International Group Inc and government officials refused to say who was benefiting from the $173 billion bailout of the crippled insurance behemoth.

They reversed course this weekend, revealing the names of US and foreign companies that had received billions of AIG's dollars in transactions meant to wind down the business.

The effect on markets was notable only for its absence. Despite predictions of global financial calamity, there has been no visible impact on AIG, or on the banks it did business with.