Quote:
Originally Posted by Ron61
Ray,
I hope that you are correct. I still think they should have to account for where all that money went though. Would you just loan some person that came in and told you they want to borrow $2 million dollars the money without asking what it is going to be used for? I also think that they should have been made to pay it back when they are stable again. Those half million dollar vacations that AIG immediately sent their executives and families on were just a slap in the face to the working people.
Ron |
Separating the funds just doesn't work when millions of customers are involved - banks will be paying back public funds
first when things are fully stabilized.
AIG - probably a scheduled event - actually, it involved primarily broker customers - to encourage the flow of business in the future and reward the past.