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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: geode00 who wrote (190724)3/15/2009 11:06:06 AM
From: bentwayRead Replies (3) of 306849
 
All the AIG clowns in their financial unit getting bonuses should GO TO JAIL for writing CDS's as insurance with NO FINANCIAL BACKING, and then selling them as BETS to people that didn't OWN the "insured" assets.

When did the insurance industry adopt the bonus model of compensation anyway?

This makes me want to puke. This should NOT stand. Obama, I like you, but this makes you look like a prize chump, with our money.
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