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  • Wall Street Breakfast: Must-Know News [View article]
    I am astounded at the uproar over the AIG bonus' and NOT A PEEP about the TENS OF BILLIONS funneled thru AIG to its COUNTERPARTIES!!!!!!!!!
    Former AIG CEO Hank Greenberg just appeared on the Neil Cavuto show and was perfectly honest and candid about what has happened at AIG..........
    Is this BONUS uproar simply a distraction away from the real issue: TAXPAYERS BILLIONS MAKING COUNTERPARTIES WHOLE -- which Mr Greenberg said never should have happened!!!!
    I am painfully aware of the INCOMPETENCE OF OUR GOVERNMENT. I have recently believed that much of what has occurred has been CORRUPTION.......... Now it appears IT MAY BE EVEN WORSE!!!!!!!!!!!!!!!
    Mar 18 17:05 pm |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Mark-to-Market accounting is behind all this financial collapse. It is the reason there is a liquidity crisis. And Mark-to-Market will continue to absorb all the money the FED & Treasury can print ......... into the ZILLIONS!!!!!!!!

    All the financial experts were on Kudlow last night, even ex-Fed Governors, and they agree..............yet this practice of descimating assets values is kept in tact.................o... purpose???????????

    Dec 17 08:20 am |Rating: +3 -1 |Link to Comment
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