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pockyclips 2020 » Comments » AIG

  • Wall Street Breakfast: Must-Know News [View article]
    China will accelerate their conversion of dollars to hard assets in the coming months. Uncle Sam will end up bailing out California, flooding the world with even more fiat currency.
    Sep 01 08:28 am |Rating: +4 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I don't like the idea of a "pay czar", but I like even less that CEOs and board of directors don't practice what they preach. I don't recall hearing any of these guys taking a 90% pay cut, although several of my stocks have.

    As for derivatives, too little and too late. If these time bombs were going to be used as securities, they should have been regulated from day 1. These guys are printing their own money. I believe the only allowed options should be commodities. They should be used as insurance, as they were intended!
    Jun 11 08:57 am |Rating: +10 0 |Link to Comment
  • How Much Risk is the Treasury Really Assuming from Financial Institutions? [View article]
    The multinational pirate banks will hold us hostage until they get near face value for their toxic junk.
    Apr 09 08:18 am |Rating: +1 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    What a load of crap. I don't recall this kind of angst when billions in bonus money went to defense contractors. Wasteful spending only seems to count when the donkeys are in the White House. What do you expect when the revolving door goes from regulators to Wall Street?
    Mar 18 09:09 am |Rating: +6 -2 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Incompliance? No speaky English, no drive.
    Mar 17 08:18 am |Rating: +2 -4 |Link to Comment
  • The Road to Economic Hell [View article]
    Of course, the party in power is using crisis to benefit themselves, just as always.
    As long as there are Replicrats and Democans, the system will not change (until we go bankrupt). We didn't go into the crapper in just the last 6 weeks.
    Mar 05 09:19 am |Rating: +16 -3 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Over $8 trillion in American wealth lost over the last year, along with our good name? How pathetic. Some one should be hung. I'm not kidding. They used to hang people for stealing horses. They should punish these fat bast**d MBAs for creating this disaster. All golden parachutes should have their ripcords cut!

    It would have been far easier to buy the 1 million mortgage defaults for $200 K each, give the deed to the occupiers of said homes, and tell the banks to wipe their a** with their credit default swaps.

    I got my 401k statement yesterday; it sits on the coffee table unopened.
    If W and the other jackasses on the hill don't pull any more stupid stunts, I'm probably out only 40% of my retirement savings.
    Oct 10 08:27 am |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Loans, si. Bailout, no. Loan the bad bettors the money, let them cleanup the mess. If companies get to big to fail, then there should be limits on how big a company should get.

    Taxpayers will be lucky to get 20 cents on the dollar under the present plan. There is no incentive for the crooks to do any better.

    No doubt that the neocons and the con artists are using 911 scare tactics to steamrolller the opposition. Conservatives should act conservative, and not rush the bailout bill. It took these clowns 8 years
    to create this mess, so we shouldn't expect the problem to be solved in a week.
    Sep 24 08:45 am |Rating: 0 0 |Link to Comment
  • Going to Hell in a Handbasket: The Rush To Protect More Stocks [View article]
    AIG was "saved" for it's 401ks. The politicos and Fortune 500 types don't want to tip their hand that these are just another bubble waiting to go bust.
    Sep 20 16:24 pm |Rating: 0 0 |Link to Comment
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