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To: Sea Otter who wrote (190819)	3/15/2009 6:38:07 PM
From: Bank Holding Company	Respond to of 306849

You must be one stupid Mo Fo if you end up in federal prison.

To: Sea Otter who wrote (190819)	3/15/2009 6:46:23 PM
From: John Koligman	Respond to of 306849

Looks like AIG released the 'official' list of counterparties today, some state governments are on it. Regards, John dealbook.blogs.nytimes.com

To: Sea Otter who wrote (190819)	3/15/2009 8:11:59 PM
From: geode00	Read Replies (2) \| Respond to of 306849

"There are contracts," Summers said. "The government cannot just abrogate contracts." Yes Larry, that's what bankruptcy is for. Liddy is testifying (hope he's on cspan) and Congress or the Treasury needs to subpoena the contracts that 'require' bonuses when the company is bankrupt. WS knew that management's bonuses and stock would be worth nada in bankruptcy so they found a way (Paulson and now Geithner) to get the US taxpayer to give them bonuses and make their stock worth more than nada. Citibank insiders made $20 million in the last week or so trading their own stock. What? Trillions in borrowed money and this is the garbage that we buy. Can you imagine just how bad the toxic assets these frauds hold actually are? They must be toxic sludge and still the Treasury is trying to buy them. What? Honestly, I want this deal. Make millions during the bubble, make millions after the bubble and say it's all contractual. Make millions during the next bubble and say...aren't I smart? Obviously, the average taxpayer is positively stupid. We might as well send checks directly to Madoff.

To: Sea Otter who wrote (190819)	3/15/2009 8:39:37 PM
From: ChanceIs	Read Replies (3) \| Respond to of 306849

"He (Geithner) stepped in and berated them, got them to reduce the bonuses following every legal means he has to do this," Goolsbee said. _______________________________ I heard that he even said "Ni" to them. However, he will stop making a fuss about the bonuses if they bring him a shurbery: youtube.com My name is..... Tim Sorry . Had to do it. I think (and fear) that we will have a lot more fun at Timmy's expense through Monty Python allusions in the near future.

To: Sea Otter who wrote (190819)	3/15/2009 9:50:41 PM
From: XBrit	Read Replies (2) \| Respond to of 306849

<<Where are the [AIG] indictments?>> What, maybe indict Phil Gramm for pushing through the laws that said CDS's must not be regulated? The AIG guys were acting perfectly legally, it was the system that was broken. Greed is a powerful and morally neutral driving force. It's the job of the regulators to set rules that channel the greed into directions which are overall beneficial to society.