Here's a short excerpt:
The world cannot yet find $1bn in debt relief for Haiti, the poorest country in the western hemisphere, a country that spent more in 2008 servicing its debt than it did on health, education and the environment combined and that has now been flattened. But, over a weekend, a single country could rustle up $85bn to keep a single company [AIG] in business. It is an obscene reminder that, in the world of global capital, distressed assets are still more valued than distressed people.
I do recommend that you click through and read the whole article that was originally published in the Guardian. It is a short, concise summary of Haiti's history and just why that bailout to them would, indeed, be a hand-back.