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the deal with AIG was brokered under duress and in hours. sit back now and analyze what has happened since. AIG is a healthy company apart from a bad business decision. they should be given better terms than the auto industry simply from a risk point of view.
Nov 07 22:24 pm
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All Comments by Steven Hansen »Why Would Treasury Cut AIG's Interest Payment? [View article]
what ignites my fire is the usury rates on credit cards. we are very close to a situation where a monopoly exists. try to get better credit cards terms - none exists now that BAC purchased MBNA.