I must say, it sure pays to have the Secretary of Treasury working for you and your partners instead of for the citizens or the good of the whole.
I just finished reading Goldman Sach’s latest Form 10-k annual report. As of the end of November 2008, they had cash and cash equivalents of $122 billion.
Let’s see what they file for the 1st quarter. As the largest beneficiary of the AIG bailouts, it will be interesting to tally Goldman bonuses and cash hoards.
See “The AIG Public Relations Faisco Continues: Bonuses and Backdoor Bailouts” and Elliot Spitzer’s latest, “The Real AIG Scandal.”
Wow!! Just heard Catherine on KBOO radio (Portland OR) explain what the AIG mess is Really about!
Why doesn’t the mainstream media explain it the way she does? Thank you!!
The Market Ticker is plenty mad, and has a suggestion for the folks at AIG: an ancient Japanese tradition of atonement. Oh, and Market Ticker will pay for the sword.
If they won’t do the honourable thing, he suggests some implements that angry Americans might like to acquire.