Comments on: AIG Arbitrages the Fed Via Its New Commercial Paper Program

By: Anonymous

Anonymous — Sat, 01 Nov 2008 01:10:00 +0000

“You don’t want to know!”
Sorry, enquiring minds want to know.
Ignorance is no longer bliss.

By: john bougearel

john bougearel — Sat, 01 Nov 2008 00:54:00 +0000

Are we the pooch in this Screw the Pooch mini-series now playing in theaters throughout D.C.?

By: Anonymous

Anonymous — Fri, 31 Oct 2008 23:10:00 +0000

AIG is deeply connected to the most corrupt elements of the federal government. No questions asked, no details given, for good reason. You don’t want to know!

By: Anonymous

Anonymous — Fri, 31 Oct 2008 22:50:00 +0000

AIG must have a nice big warehouse full of intelligence information from all the insurance investigations it's done over the years.

like maybe where some of the "bodies" are buried for instance?

and you wonder why they're being kept alive?

OJ's got nothin on AIG

then again, AIG's got nothin on karma

By: Anonymous

Anonymous — Fri, 31 Oct 2008 22:44:00 +0000

"The internal auditor resigned and is now in seclusion, according to a former colleague."

let's hope whereever he is, he has internet access, so he can come on naked capitalism & start spilling the beans.

anonymously, of course.

By: Yves Smith

Yves Smith — Fri, 31 Oct 2008 21:05:00 +0000

Anon of 2:28 PM,

I assume you are joking, but if not, the fact that the banks are being coddled is no excuse for further handouts. That is like saying because OJ Simpson got away with murder (if you are of that view) that no one should ever be tried for murder. Faulty logic.

By: Anonymous

Anonymous — Fri, 31 Oct 2008 18:28:00 +0000

Why should AIG be penalized when the Banks are getting a pass? AIG should have the same deal the banks do. It is in our national interest to keep such a great company from going under, particularly with all the foreign currency it brings in every year – 50B+

By: Anonymous

Anonymous — Fri, 31 Oct 2008 14:07:00 +0000

1. People have a innate desire for status.

2. Money gives people status.

Thus, people want money.

If you set up a system in which people can get money without breaking the law, they will take the opportunity to get that money.

Executives at AIG know they can continue taking large amounts of eggs (money) as long as they keep the goose alive.

SHOCKED, indeed!

By: fresno dan

fresno dan — Fri, 31 Oct 2008 13:22:00 +0000

serious question to the commentators:
Are our regulators:
stupid
venal
stupid and venal
please provide your rationale
OK - I am being biased:
Is there a justifiable reason for how AIG behaves?

By: fresno dan

fresno dan — Fri, 31 Oct 2008 13:18:00 +0000

I am SHOCKED, SHOCKED and APPALLED, (Claude Raines accent) to find financial arbitrage going on with taxpayer funds. Indeed, super duper shocked