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.

You need to be a member of The Insurance Brain to add comments!
Join The Insurance Brain