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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (508758)	8/28/2009 8:15:02 PM
From: bentway	Read Replies (1) \| Respond to of 1576163

"Pragmatism has it's downsides." Not only that, AIG insured business all over the globe. It had grown WAY to big to fail. If any one thing happens, I hope the pols around the globe will realize that even if the companies are based in their countries, NO corporation can be allowed to become "too big to fail". If they ARE, they should be forced to divide themselves. I think there should be a new category of crime created, a kind of "financial manslaughter", where, if harm is done in ANY kind of business dealing, even if it wasn't specifically against the law at the time, they could be charged with that, and do some quality time in jail. There are just too many scamsters deliberately operating at the edge of the law today. Like the guys that sold the worthless CDS's, thinking they'd never have to pay off. Or the guys that sold the MBS's dusted with subprime mortgages doomed to foreclosure.