AIG

[Kaliayev]

If they were serious about solving the financial crisis, they would stop dicking around and just nationalize the thing already. Oh, and then they'd be working to put safeguards in place to make sure they were not just dropping money into a black hole of debt.

But nooooo, Geithner and Larry Summers know better! I mean, just look at Lithuania, Summers managed to double the suicide rate and nearly cause the country to vote the Communists back into power with his financial genius. What could possibly go wrong?

[sugarpop]

Originally Posted by Zhuge Liang

If they were serious about solving the financial crisis, they would stop dicking around and just nationalize the thing already. Oh, and then they'd be working to put safeguards in place to make sure they were not just dropping money into a black hole of debt.

But nooooo, Geithner and Larry Summers know better! I mean, just look at Lithuania, Summers managed to double the suicide rate and nearly cause the country to vote the Communists back into power with his financial genius. What could possibly go wrong?

Yes, they should nationalize some of the banks, and they should definitely nationalize this piece of crap. Either that, or STOP GIVING THEM MONEY! I don't mind the stimulus money, and I think we should be doing more there, but I'm sick to death of hearing about these pricks doing this crap. Just investigate them already and throw their asses in jail. That's where they should be.

Oh, and while we're at it, let's look at Countrywide. A lot of people like to blame Freddie and Fannie, but the subprime mortgages started with Countrywide and companies like that. Now they're cashing in on their mistakes. Really, can it get any worse?
http://www.startribune.com/business/...D3aPc:_Yyc:aUU

What's that about Larry Summers? You got a link where I can read about it?

[Scriveyn]

Originally Posted by sugarpop

Why the fuck are we still pumping money into that sucking black hole? grrrrrrr

Is anyone else upset about that?

Yes, yes, yes!

Originally Posted by ZenGum

... Allowing 20 working days per month, this means the peeps at AIG lost $1,000,000,000 per day for three straight months.

No, really, how the #$%* did they manage that???

I am not surprised. - I had to exchange data with their IT department a few years back and I found they were the most incompetent bunch I'd encountered ever. Repeatedly failed to produce a plain text file according to specifications. And called themselves IT experts too!