The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Think4Yourself who wrote (188097)	3/3/2009 9:19:04 PM
From: RockyBalboa	Read Replies (3) of 306849

I read through the article and what strikes me is that no one seems to ask the right questions: -Where do the losses come from, exactly? -What does the balance sheet look like? -Are those cash losses or book losses? -How can we stop the bleeding? -How can we safely disarm AIG? How can we force counterparties to gradually closeout AIG positions? -Are three years enough to undo the complete AIG operations -Is there any oversight? Do we have our cops in place? Can we ensure that the money does not get stolen the other day? -Is the AIG London black hole already closed? Any oversight there? -is there criminal conduct? Are the responsible AIG heads already arrested or otherwise, monitored? Are bonuses paid back? They treat AIG like a big black box... no one able to look into it. The perpetrators of the bailout are highly guilty. They let fraud happen and just close their eyes. DISGUSTING finance.yahoo.com Bernanke grilled, lol.

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