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To: stockman_scott who wrote (44493)9/16/2008 3:06:39 PM
From: Lizzie Tudor1 Recommendation  Read Replies (1) | Respond to of 57684
 
right so now that we are in a financial panic, call GREENBERG the person that Spitzer fired to right the ship. The arrogance of Spitzer and company going after these executives who built all these companies reminds me of when the Apple board fired Jobs in the 80s.



To: stockman_scott who wrote (44493)9/16/2008 3:20:07 PM
From: Doren  Respond to of 57684
 
AIG is going down IMHO.

The ideologues in the administration have to stick by their ideology.

Roosevelt would have intervened with a bridge loan. They hate Roosevelt and it would be an abandonment of their ideology to provide the loan. (Ironic in that other forms of corporate welfare are treated with a wink and a nod.)

I think the street knows this. The failure of the fed to lower is a pretty clear indication that the free market is going to prevail here.

Some in the market still have hope and people are profiting on that hope. Part of AIG going down is factored in. But not all so it will still suck everything else down with it.