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AIG, The Golden Goose and the Wall Street Crooks

I will admit I was not a 4.0 student and at times need to read the same thing twice, but I am sick and tired of hearing about these Wall Street criminals who keep making ridiculous money.  Prudential offered $35.5 billion for American Internation Assurance (part of AIG) which is more than three times of their original $11 billion dollar offer. 

I am glad they were able to be sold but wait, I get very confused when I read and hear about the very individuals who almost destroyed the US economy are getting paid to handle the mess we are in now.  There have been over $500 million in fees paid out to handle the dismantling and selling of AIG.   Morgan Stanley, which is estimated to get the lion's share with $131.9 million.  When does the insanity stop.

 

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