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Kind of funny. Can we now sue Hank for the time and money wasted on dealing with his frivolous lawsuit? The Federal government would have done us all a favor by letting AIG fail and make Hank’s loss 100% rather than 99%.
Dave, there is an old saying that holds true most of the time. You can’t fight City Hall. In this case, the Feds have so much power, one guy cannot prevail no matter how many times he wants to sue. Greenberg was in charge of AIG a long time and was there when we had all those scandals with Marsh Mc on bid rigging etc. His hands are just as dirty as others are and the taxpayers were the ones that got hosed in the end.
Of course…Just end the fed already
Greenberg & AIG caused the first domino to fall, toppling all of the others; they made up fictitious “insurance” to insure bundles of mortage securities. They charged premiums for “coverage”. They then denied Claims for Losses when buyers of their “insurance” made such Claims. Greenberg deserves to be counter-sued by the Fed. It is the height of chutzpah to be in such denial as to culpability that he sued the Fed for bsiling out his Company. He should be in jail. He is just a common criminal.
Well said SacFlood. A mugshot of Hank should be in the dictionary next to the word “chutzpah”.
Hey Sacflood, we could put him in right next to Bernie. Of course we need to reserve space for Bawney Frank, Chris Dodd, Chuck Schumer, Pelosi, Reid as well. In fact, if we include all the politicians that have done criminal behavior in the past 10-15 years, we would need a new prison to house them all.
Agent, I could add infinitely to that list, but choose not to right now.
Dave, the list of bad actors in Washington DC is far too long for a post in this forum. The sales of torches, pitchforks, tar, feathers and rails should be pretty good by now. Unfortunately, we can’t count on snacks like Twinkies, Ding Dongs or cupcakes to munch on when we go up there.
I’ll miss Twinkies, Ding Dings, Suzie Q’s etc. You’re on the right track though. During tough times people think gold. But the three more important than gold is food, guns and ammo.
I keep hearing the rumors that this Administration will be coming for the guns soon. That is when it will really get ugly.