Reply #7: The September 2008 AIG Bailout Comedy Gets a Subplot.

[flyarm]

http://johnbatchelorshow.com/jb/2009/03/aig-conspiracy-of-witches/

The September 2008 AIG Bailout Comedy Gets a Subplot.

snip:

Wall Street Journal Commenters Feature Much Paranoid Cleverness:


Below a selection of commenters from the Wall Street Journal story on the AIG pay offs to the Europeans and so forth. Many, many details to pursue, not the least being that Hank Paulson had advice and cooperation not only from the Democratic and Republican leadership of the U.S. Senate in the 110th Congress but also from New York Fed President Tim Geithner and Federal Reserve Chairman Ben Bernanke. This posse is still on the bridge of the wrecked and sinking ship, thought now it is Treasury Secretary Geithner, Fed boss Bernanke, and the usual suspects in the US Senate -- all now joined by the fresh leadership in the White House, Barack Obama, Rahm Emanuel, Larry Summers. No change in the AIG deal: we bail out Europe's sick banks as well as Goldman Sachs, Morgan Stanley, and the Merrill executives who are spending down their plundered 2008 bonuses quickly.