Busted?
I was excited to hear this news this morning. However, I am not fully convinced that even a tiny fraction of their fraud is brought…
I was excited to hear this news this morning. However, I am not fully convinced that even a tiny fraction of their fraud is brought…
Two years of business school education, and decades of experience in dealing with worthless securities is not enough to understand the complexities behind AIG bailout….
This event by itself may not unsettle the credit markets like the news of Lehman Brothers bankruptcy filing did. But it epitomizes the symptoms of this country’s corrupt financial system where excessive credit and leverage has pretty much sucked every last penny out of the system – especially from the hardworking middle class.