Better Rig Up Another Bilge Pump Boy's, We're Sinkin',

[iguana1]

bigeasy,

You are really going to hate this. The largest counterparties to AIG who stand to lose are European banks. AIG goes, they fail, international incident, etc.

We have pumped over a hundred billion into this monster to help it pay its obligations. Who were they obligated too? It has been kept quiet.

[iguana1]

Here you go Dave. Complete with ties to Enron and everything.

http://en.wikipedia.org/wiki/Commodi...on_Act_of_2000

I agree 100% with your last point. Charge them a felony for every $500 they stole (OK just defrauded).

........

[Surfergirl]

I have a feeling that many of these company's that are going "under" is due to, too many chief's and not enough indians. You will get the mushroom effect. Everyone at the top is comming up with hairbrain ideas to keep their job, instead it is costing the company. So they end up spending too much. Greed. Screwing around with OUR money, I am sick of it. Know they are screwing around MY and YOUR childrens money. We now have our children's future hocked to their eyeballs... F&*^%$* GREEDY PEOPLE.
I say fire them all and start over with someone who wants to do good for others rather then themselves. I am so glad I did not invest in AIG. I had thought about it about a year ago. I am so happy I didn't .

[Surfergirl]

I feel that If you work in the government you need to serve your 2 terms and THAT'S IT!!! they should never be able to sit in a seat and grow old and mothballed!!! I feel they lose all concept of what the world is really like. After two terms they forget about the "working" people who pay their saleries. OH, this always gripes my ass. Why do people have to be greedy?

[seapower]

When they accept our money, does that open them up for an audit to see what REALLY went wrong? If so is it being done, if not why? If they get our money I want 100% oversite, after all it is OUR MONEY. I for one would like to see all bonuses,vacation's, extravagent meeting's etc.. get put on IMMEDIATE hold, when our money is made available. There is absolutley no need in feeding "oat's to a dead horse". As far as the bonuses, severance packages etc, all or most of that money can be put on hold (siezed) or take their property as hostage. Isn't that what the IRS would do to me? These dirtbag's like Madof ought to be taken out back and shot (a .75 cent solution). How come people like that get out on bail in the first place? Take everything he has ever owned or is going to own. They not only have stolen from their "client's" they have absolutley shaken the confidence of the average investor. This lack of faith will only prolong the economic down turn. I have never had the "extra" money to invest myself, if I was to start today, I would feel better just burying it in a Mason jar out in the backyard. Frank