American Institutional Greed

AIG.

I'm pretty pissed about AIG as well. This company was past insolvent. It was bankrupted. They were done, finished, kaput.

If they had not been bailed out there would be no AIG. They *wouldn't

even be getting paychecks* much less bonuses. The fact they were

bankrupt and gone under, should have wiped out all contracts as if they

had gone through the legal process of going under chaper 7. The fact

that they are operating today due to the good grace of the American

Taxpayer should not allow them to do business as usual.

I've explained many times how the Credit Default Swap market are tied

hand in hand with AIG, and letting AIG fail would be worse than the

Lehman Bros collapse here http://www.climatepatrol.com/forum/23/3363/pg1/index.php, but now I have to be honest.

I don't give a darn anymore. Let this group collapse and

get those execs out of there. They need to let some of these really big

institutions fail and shake the very nerves of these embedded crooks.

They are so fat and happy they don't even care.

They will never get investor trust back to the US. Or in the US. The

average person does not trust Wall Street, banks, nor the government

because of crap just like this. The greed is still so rampant and

blatant and disgusting it is embarrassing. If the Government would go

in and stop wrist slapping, writing checks, acting "outraged", and

start kicking some butt, it would go a long ways to getting things

restarted.

Enough acting, time for some action. Real action.

If the government is looking for support, then here is their chance.

Letting a few of these big guys bite the dust will damn sure garner

popular support. Hell, I may even vote democrat in the next election if

they would show some leadership and take charge of the company they own 80% of.

It is really becoming embarassing to be associated with AIG. They don't represent most Americans I know. This is not American values or ethics.

Those derivative traders should have stood up and done the right thing and refused the money. They have no honor, only shame.  They sold their souls for money and I hope in time their guilt ridden sleepless bodies find the courage to apologize and repay that which they stole.

I know letting AIG fail will be worse than the Lehman failure. It is going to hurt either way. AIG is so insolvent the costs are going to be too high for what it is worth.

To those in power, LET AIG GO. I'd rather see the Dow at 4000 and at the bottom then hovering around waiting for the hammer to fall. Let if fall now so we can move and and start rebuilding.

Get this mess over with. You have my support.