Posted On: September 17, 2008, 3:14 pm CDT

Posted By: RayGunZap

I don't think I've ever read ALL comments on a topic as serious as this and as many replies as this. But I did now, and yes my time, as well as anyone's is valuable. I'm not going to share my experience in the industry which would be impossible to validate, as well as Mongoose's standing there on his soapbox with all the imaginary medals and commendations, which are meaningless to the matter at hand. First, I thought Greenberg was a maverick in creating, marketing, developing and making AIG profitable. Then, Spitzer brought him down. Is this too simple? Now, with new management, after Greenberg left, AIG fell apart. Also, I thought Greenberg CANNOT solicit any AIG customers via court order. Am I wrong on that? Of course, the issue here is yes or no should the government bail out AIG, and if so, they have 2-years to pay them back. My opinion, even though I'm a little left of center Democrat, let them fall by the wayside. I feel that enough is enough. And, who can tell what the world/USA/AIG will be in 2-years. It's a lot different then it was over 30-years ago when Carter was president and I'm not expecting any Lee Iococca's coming in to save the sinking ship. Where the USA economically is right now, or at least by the end of the year when the new administration comes into office, we're at rock-bottom, and there's nowhere else to go but up. I do agree on Mongoose that yes, we MUST vote especially in the upcoming election, and that Collin Powell was boldly disrespected. One more thing is that AIG falling, on a positive side, to tell my P&C customers to keep their policies in force because if they're cancelled and have to be re-written, the rate will probably go up!!