NanO49

The People's Republic of America: See What Congress Is Doing?

Oh, please. This isn't the whole story -- retention bonuses for people who took advantage of the ridiculous environment on Wall Street to make money from bogus CDS. Sorry -- no sale here! The bonuses should go back, after all, it's taxpayers money and the company is now 80% owned by the government.

Void Payout to Non-Debt Holders of CDSs

That's WAY too simple! After all, I cannot insure someone's life in whom I have no interest -- why should these guys be any different?

Washington's AIG Outrage Really a Political Diversion Tactic

That's just what I said yesterday! Thanks for giving my remarks some credence -- it's all smoke and mirrors!

Notes on the Bonus Brouhaha

It's a game of smoke and mirros -- diversion of attention from the real problem. Yes, the country is in an uproar over the bonuses and rightly so. But the real problem is how we got here and what we need to do to get out of this mess AND fix it so it doesn't happen again.