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Politics : Politics for Pros- moderated
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To: carranza2 who wrote (296745)3/17/2009 1:32:21 PM
From: Neeka2 Recommendations  Read Replies (2) of 793955
 
carranza2, I respect your opinion. I read your posts, and remember your warnings early on......starting in 2007. I could be wrong to give you so much credit, but I believe you have a more solid understanding of the financial markets than many, if not most, and what, how and why events have unfolded the way they have.

Your statement:

Obama and Bernanke rail against AIG while paying off Goldman, Deutsche Bank, et al, for bets whose validity they have not bothered to challenge and which any insurance lawyer will tell you are not subject to collection.

is bold and accusatory.

My question is.........iyo......why are Obama and Bernake (and others) doing this?

I don't buy the notion that they are being played for fools.
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