While lawmakers press for answers about what happened and is happening at AIG (AIG), WSJ discovers the government's had a paid mole there for the past four years.
ETFtrader is a pseudonym for an active trader living in the Northeast. Day trading, and sometimes swing trading, is something ETFtrader does five days a week. ETFtrader has found that it is best to exit positions before the end of the trading day, if at all possible. By trading big enough... More
Good on the government! Seriously, I couldn't care less about the lenders or the stupid people who took on overwhelming risk/debt. To be honest I am curious how all this plays out because I want to know how it effects the various facets of society in general. Unfortunately, our species probably still isn't smart enough to really be proactive enough to take the big leaps and bounds I think we need. That could just be because we are all quite different at an individual level, though.
ETFtrader is a pseudonym for an active trader living in the Northeast. Day trading, and sometimes swing trading, is something ETFtrader does five days a week. ETFtrader has found that it is best to exit positions before the end of the trading day, if at all possible. By trading big enough... More
Well, golly gee, that 20 million did the government a whole lot of good keepin' em out of the tar patch didn't it! I think they should try to get their 20 million returned to them, plus a salary refund on all the people who got the report from this "mole" and did nothing about it. They then can use that to pay for the bonuses of the people who worked for $1 a year and thought they would get paid in March, only Mr. Liddy was too much of a coward to go to bat for them in the face of an angry lynch mob of ill-informed American taxpayers, stirred up by the MSM's shamelessly financially illiterate rabble-rousing reporting on the bonus system, while Goldman and Deutch bank and others carted off billions, paid in full by the US taxpayer for settling CDS's at 100 cents on the dollar when Lehman settled for 25 cents on the dollar. Ho, Ho, HO! Christmas came early this year!
David White: Slow demand and lots more competition from China, Russia, and Ukraine likely to negatively impact US Steels European sales in 2010.
Seconds ago
David White: European banks in worse shape than US counterparts (IMF). Same commercial RE problems. Little CRE building in 2010. Bad for steel.
11 minutes ago
Chemistfrog: Advice to CLVLY.PK - You have a great product, and we're grateful for that! Please keep us more updated on its progress, however!
12 minutes ago
David White: Car registrations indicate to expect Dec. German auto sales down 4.7% y-o-y. Declining sales since Germany's CFCs ran out of money in Sept.
This news story has 10 comments:
online.wsj.com/article...