Phil Henshaw wrote: > If offering > opportunity for mischief isn't a direct physical cause in this very one > sided kind of case, then tell me why it's so extremely profitable. > Funny how AIGFP could have been allowed to insure $300 billion in debt in private, but the whole company (300 times larger than this division) couldn't manage to post $15 billion collateral on this division's screwups (which we had to loan them), all while giving the ~400 people at AIGFP _all_ million dollar salaries. Talk about dumb risk models. Meanwhile, they've had their credit rating downgraded twice since 2005 before they went crying to the Federal Reserve.
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