Cowpens

If AIG's (AIG) Financial Products staff, "the majority of whom never lost a dime for AIG," did walk out the door, "who would volunteer to work at the Chernobyl of the financial world? And what would become of the mammoth portfolio that remains? 'It would become the biggest naked position on Wall Street, and everybody would exploit it.'" (WaPo)

Sorry I mean "argument", reading that stupid comment intially got the better of my emotions.

If AIG's (AIG) Financial Products staff, "the majority of whom never lost a dime for AIG," did walk out the door, "who would volunteer to work at the Chernobyl of the financial world? And what would become of the mammoth portfolio that remains? 'It would become the biggest naked position on Wall Street, and everybody would exploit it.'" (WaPo)

Weak arguement...I know a few unemployed investment professions that would love to work ANYWHERE right now, even AIG!!!

AIG's Speculative CDS Bets

Felix, you are one of the best writers on this site.

Rescuing Frannie

Paulson was waiting for the Democractic and Republican conventions to end before he did anything, that's why it's happening now.

Biotech Day in Review: Hopeful Results from HIV Conference

NVAX keeps working on it!!

Please, Mr. Greenspan, Shut Up

Greenspan's words are well sounding non-sense. EUATRE is right, Greenspan "was the worst Chairman possible."

Alan Greenspan Loses His Mind

I don't envy Bernanke, he's left to clean up Greenspan's mess. As time goes by, it will become more apparent to the world that Greenspan was one of the worst Fed chairmen of all time.