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Monday, March 16, 2009

Comments

Eric Strobes

Er... no.

AIG is bust, broke, deceased, it is no more. It is an ex company. All that needs to happen is to make that explicit, then all the staff get their statutary redundancy payoff and we can start again with employment contracts that reflect the real world and real success.

Greg Ostroff

Instead of our sleeping at the wheel elected and appointed officials out hustling each other to figure out how to break the bonus contracts..why dont they direct their efforts to figure out how our biggest collective portfolio position (AIG) can break its own contracts on these stupid credit default swaps. In insurance as well as capital raising underwriting agreements there's something called Force Majeure......this sure feels like a tsunami to me. call all parties to the table and read em the new law

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