Is it me, or shouldn’t the government have demanded common shares instead of
preferred shares so they can exert some shareholder control of AIG?

Let them fail or be the models of regulation and salary and comphensation caps.

****************

As Paul Volker on a post here, with video, at TD
and Robert Scheer says, LET EM FAIL!

I am sick and tired of those who created and
orchestrated this financial terrorist attack, not
just getting away with it but being rewarded.

And then under threat of sinking the u.s. and
possibly the world economies, to still remain
immune to ANY regulations of any kind for wall
street. They want to threaten that, then CALL EM
ON IT! This economy is a huge barnum and bailey
charade where the ‘actuals’ are nothing.

How does slick willie justify signing the
‘commodity futures modernization act’ now? And
will the american people actually elect his hill billy
wife as president one day?