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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,888
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Quote:
Originally Posted by jyl
You guys need to investigate and understand the reasons why the govt is supporting AIG. In particular, what are the consequences if AIG defaults on its CDS obligations?
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It may be cynical of me to point this out...I do believe that I read or heard somewhere that it's AIG that handles the Congressional pensions & other bennies they vote themselves.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
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