Here's a very interesting NYTimes editorial on AIG. It seems they've been doing some heavy gambling with the complicity of Congress which specifically enacted law to ensure they could get away with it.
Following the A.I.G. Money http://www.nytimes.com/2009/03/15/opinion/15sun1.html?th&emc=th But the big question still remains. If AIG is allowed to go belly up -- i.e., no more bailout money -- just how much of the economy will come crashing down with it, and could our fragile economic condition survive such a crash? The transparency called for in the editorial is certainly necessary if for no other reason than to answer that specific question. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/Minds-Eye?hl=en -~----------~----~----~----~------~----~------~--~---
