wakeup call's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/291519/comments http://seekingalpha.com/article/178164-obama-and-the-bankers-an-imagined-conversation?source=feed#comment-806240 806240 -The bankers are told they can't leave the room until they take Fed money
-the administrations limits salaries for top bankers
-the banks pay back the government loans they didn't want in the first place
-The administrations tries to force the banks to take direction from the administrations and threatens more control because they took federal money
-circular logic at its best]]> Tue, 15 Dec 2009 08:29:14 -0500 -The bankers are told they can't leave the room until they take Fed money
-the administrations limits salaries for top bankers
-the banks pay back the government loans they didn't want in the first place
-The administrations tries to force the banks to take direction from the administrations and threatens more control because they took federal money
-circular logic at its best]]> http://seekingalpha.com/article/178164-obama-and-the-bankers-an-imagined-conversation?source=feed#comment-806239 806239 -The bankers are told they can't leave the room until they take Fed money
-the administrations limits salaries for top bankers
-the banks pay back the government loans they didn't want in the first place
-The administrations tries to force the banks to take direction from the administrations and threatens more control because they took federal money
-circular logic at its best]]> Tue, 15 Dec 2009 08:28:48 -0500 -The bankers are told they can't leave the room until they take Fed money
-the administrations limits salaries for top bankers
-the banks pay back the government loans they didn't want in the first place
-The administrations tries to force the banks to take direction from the administrations and threatens more control because they took federal money
-circular logic at its best]]> http://seekingalpha.com/article/175000-questions-remain-on-goldman-sachs-aig-bailout?source=feed#comment-774882 774882 Tue, 24 Nov 2009 08:13:33 -0500 http://seekingalpha.com/article/174686-aig-bailout-a-goldman-rescue-in-drag?source=feed#comment-773080 773080 Mon, 23 Nov 2009 08:24:41 -0500 http://seekingalpha.com/article/174463-bailout-alternatives?source=feed#comment-768628 768628 Fri, 20 Nov 2009 08:19:57 -0500 http://seekingalpha.com/article/172528-blankfein-defends-goldman-is-flippant-with-facts?source=feed#comment-755156 755156 Wed, 11 Nov 2009 08:59:12 -0500 http://seekingalpha.com/article/167074-too-big-to-fail-even-greenspan-is-speaking-out?source=feed#comment-720171 720171 Mon, 19 Oct 2009 07:33:30 -0400 http://seekingalpha.com/article/166931-wasted-lessons-from-aig?source=feed#comment-717333 717333 Fri, 16 Oct 2009 08:07:08 -0400 http://seekingalpha.com/article/158999-time-to-read-the-riot-act-to-aig?source=feed#comment-656183 656183
Under Liddy and Reynolds the forced fire sale liquidation was a disaster and would not lead to a government payback. The most compelling indication was the sale of Hartford Steam Boiler. Here was a very profilable investment that AIG acquired about 8 years ago for $1.2 billion, consistently made money and was fire-sold for $743 million. A similar push was in the works for ILFC.

The $180 billion life line was to bail out GS, not AIG. AIG was simply the conduit.

The Governmetn could have saved a tone of money by simply guaranteeing AIG counterparties as they did with Citi whihc would have minimized the liquidity crisis at AIG.

AIG is also a significant insurance capacity provider in the insurance markets. Losing that capacity would create problems.

Dialoguing with Greenberg may give Benmosche some of the insite that previous CEOs never bothered to get whihc made them ineffective. AIG's massive network has value, including the synergist value of the whole being greater then the some of its parts. It still has some of the best talent in the industry. As a company it also employes over 100,000 people who no one needs added to the ranks of the unemployed. ]]> Tue, 01 Sep 2009 10:08:18 -0400
Under Liddy and Reynolds the forced fire sale liquidation was a disaster and would not lead to a government payback. The most compelling indication was the sale of Hartford Steam Boiler. Here was a very profilable investment that AIG acquired about 8 years ago for $1.2 billion, consistently made money and was fire-sold for $743 million. A similar push was in the works for ILFC.

The $180 billion life line was to bail out GS, not AIG. AIG was simply the conduit.

The Governmetn could have saved a tone of money by simply guaranteeing AIG counterparties as they did with Citi whihc would have minimized the liquidity crisis at AIG.

AIG is also a significant insurance capacity provider in the insurance markets. Losing that capacity would create problems.

Dialoguing with Greenberg may give Benmosche some of the insite that previous CEOs never bothered to get whihc made them ineffective. AIG's massive network has value, including the synergist value of the whole being greater then the some of its parts. It still has some of the best talent in the industry. As a company it also employes over 100,000 people who no one needs added to the ranks of the unemployed. ]]> http://seekingalpha.com/article/149108-will-aig-s-liquidation-ever-end?source=feed#comment-590165 590165
As a US tax payer I would like to see maximum value derived for each asset sold. This should not be a rush to liquidation but a rationalization of one of the worlds top insurers that allowed one area to get out of control.]]> Thu, 16 Jul 2009 08:12:58 -0400
As a US tax payer I would like to see maximum value derived for each asset sold. This should not be a rush to liquidation but a rationalization of one of the worlds top insurers that allowed one area to get out of control.]]> http://seekingalpha.com/article/144071-lloyd-blankfein-and-taxpayers-sorry-seems-to-be-the-hardest-word?source=feed#comment-553557 553557 Fri, 19 Jun 2009 09:07:21 -0400 http://seekingalpha.com/article/133501-aig-s-collapse-was-it-criminal?source=feed#comment-480888 480888
Does anyone really want all the ugly details on what went on at AIG because it might shed too much light on how Goldman was the ultimate beneficiary? Bringing us back to the original comment that Goldman is too big to prosecute.

Anyone want to start a new reality show titled "Where in the World is Henry Paulson"? ]]> Tue, 28 Apr 2009 11:13:26 -0400
Does anyone really want all the ugly details on what went on at AIG because it might shed too much light on how Goldman was the ultimate beneficiary? Bringing us back to the original comment that Goldman is too big to prosecute.

Anyone want to start a new reality show titled "Where in the World is Henry Paulson"? ]]> http://seekingalpha.com/article/130739-goldman-sachs-backlash-is-picking-up-steam?source=feed#comment-462802 462802 Tue, 14 Apr 2009 10:59:14 -0400 http://seekingalpha.com/article/130712-are-the-banks-telling-us-the-truth?source=feed#comment-462565 462565 Tue, 14 Apr 2009 09:11:09 -0400 http://seekingalpha.com/article/129996-energy-policies-may-lead-to-carbon-crack-up-by-2012?source=feed#comment-455989 455989 Wed, 08 Apr 2009 09:11:25 -0400 http://seekingalpha.com/article/129956-aig-cds-the-unwinding-begins?source=feed#comment-455952 455952 Wed, 08 Apr 2009 08:57:06 -0400 http://seekingalpha.com/article/129277-fasb-changes-perpetuate-fair-value-lying?source=feed#comment-450811 450811 Fri, 03 Apr 2009 10:50:34 -0400 http://seekingalpha.com/article/129278-dear-mr-greenberg-please-stop-talking-in-public?source=feed#comment-450711 450711 Fri, 03 Apr 2009 10:10:11 -0400 http://seekingalpha.com/article/128513-one-easy-cds-fix?source=feed#comment-446185 446185 Tue, 31 Mar 2009 08:58:02 -0400 http://seekingalpha.com/article/128390-exclusive-big-banks-recent-profitability-due-to-aig-scam?source=feed#comment-445025 445025 Mon, 30 Mar 2009 09:19:54 -0400 http://seekingalpha.com/article/128430-who-s-gaining-from-the-aig-unwinds?source=feed#comment-444994 444994 Mon, 30 Mar 2009 09:04:46 -0400 http://seekingalpha.com/article/128449-taking-apart-jake-desantis-letter?source=feed#comment-444981 444981 Mon, 30 Mar 2009 08:57:30 -0400 http://seekingalpha.com/article/128186-the-microwave-society-s-answer-to-the-economy-is-half-baked?source=feed#comment-442370 442370 Fri, 27 Mar 2009 11:01:25 -0400 http://seekingalpha.com/article/126827-the-real-insider-scoop-on-aig?source=feed#comment-433326 433326 Fri, 20 Mar 2009 08:53:55 -0400 http://seekingalpha.com/article/123878-aig-systemic-risk-and-greenberg-s-inner-circle?source=feed#comment-412363 412363 Wed, 04 Mar 2009 08:28:12 -0500 http://seekingalpha.com/article/111832-fair-value-accounting-isn-t-fair?source=feed#comment-335512 335512 CDO) to be forced to re-value that investment on a daily or quarterly basis without regards to the performance of the underlying loans simply injects a degree of volatility which benefits no one. Much of the current probelms in the financial markets would be eliminated if MTM accounting were eliminated. Why deal with a synthetic problem which reflects perception rather than dealing with the individual loans when and if they become problems?]]> Mon, 22 Dec 2008 08:23:55 -0500 CDO) to be forced to re-value that investment on a daily or quarterly basis without regards to the performance of the underlying loans simply injects a degree of volatility which benefits no one. Much of the current probelms in the financial markets would be eliminated if MTM accounting were eliminated. Why deal with a synthetic problem which reflects perception rather than dealing with the individual loans when and if they become problems?]]> http://seekingalpha.com/article/111026-did-geithner-bail-out-goldman-sachs?source=feed#comment-331775 331775 Wed, 17 Dec 2008 08:35:01 -0500 http://seekingalpha.com/article/104568-securities-and-exchange-commission-and-mark-to-market-changes?source=feed#comment-299946 299946 Fri, 07 Nov 2008 08:19:22 -0500