Quote:
Originally Posted by tabs
If the Shorts were not in there AIG would never have collapsed in 3 days. They would have had the time to arrange private financing. It was the inpending fall of AIG and the implications of diaster befalling the world financial markets that finally got the govt and Fed to realize that they needed to take action. Up to that moment they thought the system could right itself.
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Up until that point, it
did right itself. I believe in capitalism, but I've always compared it to a football game. In any kind of competition, you need rules unless you want some barbarian to rip your head off your shoulders and spike it in the endzone. "Survival of the fittest" takes on a special dimension when some are fitter due to unfair advantages, such as the power of these funds to manipulate markets and individual stocks which the regular joe investor does not have. It's the raping of America, and the world, for the benefit of very few.
