AIG is what happens when short, bald managers see Brad Pitt in the mirror

[Solly]

The Big Takeover

"The global economic crisis isn't about money - it's about power. How Wall Street insiders are using the bailout to stage a revolution"

A story from Rolling Stone that may be of interest....

http://www.rollingstone.com/politics/story/26793903/the_big_takeover/1

 

[sinner]

Re: AIG is what happens when short, bald managers see Brad Pitt in the mirror.

Good read, and so true.

There were those who were warning us of CDOs and MBS and all this junk for years before it happened. Even US Senators.

Those who warned but saw the process as inexorable also warned us that this would be a multi-generational

transfer of wealth

and this is exactly what is happening now. Does anyone really think at the end of all this the banking cabal will be somehow held accountable? No. The cabal will still be the cabal, and we will be out on the street.

 

[Macquack]

Firstly, as a gesture of goodwill, these thieves should pay back their bonuses.
Secondly, they should say "thanks very much" to the taxpayers for allowing them to still have a f***ing job at all.