The shareholders of Enron were just fine getting screwed....AIG is no different.

Everything's bigger in Texas....everything except accountability.

Well written....

Paul Ryan presented similiar facts and solutions in his proposed budget. But unfortunately, the geezers in Washington insisted upon every American drowning in legacy costs. No sense in trying to talk reason, to a bunch of senile has-beens. Look well beyond United States borders, for the leaders of the new Millenium....

Ok, I'll stick to the facts here.... The American real estate markets were over-inflated and subsequently devalued, precisely during the Baby Boomers' lifetime. The average young-adult American does not have the necessary debt-to-income ratio to even consider sustaining a family. Every child, born today, is born wi...more

5 signs your finances are on the brink... #1 8 years of G.W. Bush #2 4 years of Barack Obama #3 S&P downgrades US Credit Worthiness #4 S&P downgrades US Credit Worthiness, again #5 S&P downgrades EU Credit Worthiness God save the queen....

I don't see the US returning to the gold standard anytime soon; however, I do see the need to return to simple mark-to-market accounting. Because, the banks are not allowed to gamble with "we the people's" money, as though it's Enron all over again, and get away with it.   At least Ron Paul has the guts to remind Ala...more

Yep, The rich have money to file for bankruptcy, but you don't! And, Credit is only available to those who don't need it anymore! So Yes, I laughed when the Twin Towers fell! Because, You are your own worst enemy! And, I no longer give a damn. Good Day....

Yes, Amateur speculators helped feed the super-bubble. Then, the bubble inevitably burst. No surprise here. I drove the wagon that you jumped on. However.... Professional traders are not immune to this debacle, either. Volatility in the marketplace is good. Fear mongering is not. Families, and corporations alike, re...more