Golden from Castle Rock

Dog Bites on Hot Topics

Too many people depend on AIG to allow it to fail, or so says our government. Anyone who followed the N.Y. Attorney General's prosecutions of AIG knows that AIG is no angel.* People depend on the Mafia too, but I wouldn't bail them out if they were in distress. I say sell the insurance portfolio to competitors, and flush the rest of AIG down the sewer.

Did anyone at AIG have to take a pay cut, or prove they were indigent, to get on the government dole? Were its officers or directors required to personally guaranty that the taxpayers would be reimbursed if AIG's loan from the government goes bad? Somehow I doubt it.

/s/ Cleo

*For example: read this