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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (128213)	1/7/2010 3:14:21 PM
From: epicure	Respond to of 542220

I agree with you. It's a big deal.

To: Steve Lokness who wrote (128213)	1/7/2010 3:22:00 PM
From: Mary Cluney	Read Replies (1) \| Respond to of 542220

<<<Telling AIG to withhold information from the American people who just bailed them out? You don't think this is significant? Good gawd it is this hiding of information in a banking world with no clarity that got us this mess.>>> Andrew Sorkin's just finished writing a 600 page book trying to understand what happened: "In fact, Sorkin's focus seems to be almost exclusively on the human failings and human suffering on Wall Street that the fall of Lehman — and near dissolution of AIG — caused. While this storytelling impulse and newspaper-bred simplification is usually the book's strength, its weakness lies in its inability, particularly in the first half, to draw any conclusions or even to allow for any real villains. Nearly everyone in the book is depicted as trying their hardest; nearly everyone in the book believes they're pursuing noble ends, whether it's protecting shareholders or taxpayers. " You mean to tell me that Congressman Issa has found a smoking gun? You mean to tell me that Geithner had some hidden agenda? You mean to tell me there was some wrong doing?