elcopone

AIG Paid Three Times More in Bonuses than Originally Announced

Outrageous

Exclusive: Big Banks' Recent Profitability Due to AIG Scam?

Tyler Durden strikes again!!! GREAT work, if it's true. Wow, what a story. Mr. Durden continues to the only person in my watchlist.

Too Big to Fail, Or Too Dumb to Survive?

Agreed, the "too large to fail" argument is getting old. Th cost of inaction must be rivaling the cost of action at this point. And the sad thing is for all the bailout money already spent, no one even knows if it even worked. Had the government not bought Wall Streets egotistical "too large to fail" argument, they would be in Chapter 11 with a clearly defined plan to keep operating and emerge. As it is, you now have increased consumer distrust due to the lack transparency around the bailouts.

What does it say about our government when AIG execs are more scared of lawyers opinions and their own executive's potential lawsuits than they are about the governments wrath?

The biggest problem with the Wall Street bailout is that it's being run by Wall Street.

AIG Bailout: The Good, The Bad

What does it say about our government when AIG execs are more scared of lawyers opinions and their own executive's potential lawsuits than they are about the governments wrath?

The problem with the Wall Street bailout is that it's being run by Wall Street.

AIG Bonuses Are Just the Tip of the Iceberg

The real question is what does it say about our government when AIG execs are more scared of lawyers opinions and their own executive's potential lawsuits than they are about the governments wrath?

AIG Bonuses: The Tipping Point Toward Decisive Action?

Nice article and great points. I would add that this bonus scandal illustrates why the government should have stayed out of the system and let capitalism run it's course in Chapter 11.

Also, what does it say about our government when AIG execs are more scared of lawyers opinions and their own executive's potential lawsuits than they are about the governments wrath?

This "too large to fail" argument is getting really old. The cost of inaction must certainly be rivaling the cost of action (bailouts) at this point. And the real cost of the bailouts and whether they even worked is still a mystery. If companies got too large to fail then there needs to be better anti-trust laws so that company gets "too big too fail"