Markham Lee_

The AIG Death Star

I like your hospital idea Mr. Freddo, imagine also if a fraction of that money was used to fund college educations. A nation of college graduates who don't have student loans to pay off would probably generate significant positive benefits for the economy.


-M

It's Time for the Government to Rethink It's Relationship with AIG

I agree that it's easier said than done but as a taxpayer I'm not willing to finance 11 figure losses every quarter either, nor do I have much faith that AIG is going to be able to sell off its units and repay the government any time soon either.

At some point those derivatives have to be unwound because it doesn't make sense to leave that much risk within one company, so I think that even despite the cost to bailout AIG we don't have much choice but to unwind the derivatives as well.

Thanks for reading.


-Markham