Cecily S

Three Card Monte and the Feigned Outrage Against AIG

I think this author spelled it out months ago in a previous article on "the 60 trillion dollar nightmare of CDS".

I agree that this is just about finding the scapegoat and not to dissimilar to what the author surmised the outrage is just as misplaced as a con-game. We the public are and should be screaming mad about bonuses but its a sideshow and distraction when the truth is where all the money went and who benefitted.

I think the 100 billion paid out hte back door is scandalous.

I wonder who got bonuses at the firms collectin AIG'S insurance money paid by taxpayer? Is there outrage there?