Bernanke Says AIG Like a Hedge Fund - SO WE HAVE TO BAIL THEM OUT? HOW ABOUT GOING AFTER THE BILLION DOLLAR BONUSES? (dollars, economic)

[KRAMERCAT]

The company “made huge numbers of irresponsible bets, took huge losses, there was no regulatory oversight because there was a gap in the system,” Bernanke said. At the same time, officials “had no choice but to try and stabilize the system” by aiding the firm.

SO WE HAVE TO BAIL THEM OUT? HOW ABOUT GOING AFTER THE BILLION DOLLAR BONUSES?

Mish's Global Economic Trend Analysis: Bernanke Angry AIG Operated Like A Hedge Fund

[FinkieMcGee]

How about we just nationalize them, put the CEOs on their jobless asses then re-privatize by selling their assets off to private investors.

They're basically nationalized at this point anyway, this halfway stuff is crap.

[KRAMERCAT]

Originally Posted by FinkieMcGee

How about we just nationalize them, put the CEOs on their jobless asses then re-privatize by selling their assets off to private investors.

They're basically nationalized at this point anyway, this halfway stuff is crap.

That's better than feeding them tax welfare dollars to support their lavish lifestyles.