AMERICAblog: Former AIG CEO to sell $1 billion worth of stock after bailout
Shlomo
· 1 year ago
Who didn't see that coming? C'mon already. The whole purpose of the bailout, necessary or not, is to give the MBA criminal elites one last hand out before the regime change. Paulson is nothing more than a lobbyist for Wall St. paid for by the taxpayer.
It's time to call Eliot Spitzer out of retirement, rehab, or wherever he is hiding. I don't care how many hookers he used, how much he paid them, or what objects were inserted into which places upon his person. Spitzer knew how to handle these mamzerim and they FEARED him. An Obama presidency would be well-served by putting Spitzer in charge of the SEC.
Other than that, the only way to stop the financial engineering and legalized usury is through the 'Bolshevik' method. Sounds harsh? Tell that to the middle class folks whose pensions are gone.
skunky
· 1 year ago
Hardly profiteering for a guy who had his entire net worth tied up in the stock and was worth 20x the billion or so he's worth now. He built the company, got kicked out by people who ran it into the ground years ago, so not exactly the guy to blame here.
So he's probably taking a loss on the sale, and trying to preserve his personal fortune. Yes it's a nice consolation prize and I'd like to have me some of that, but let's be realistic here, it wasn't Greenberg's fault.
ccrnjr
· 1 year ago
The republicans are holding up the bailout in order to give their wealthy supporters more time to buy stock in American companies and financial institutions at fire sale prices. I read in Barrons months ago that JP Morgan Chase wanted to buy WaMu. As people are selling everything on the way down, the wealthy are buying what they want at substantial discounts. It's Vegas on Wall Street and the house always wins.
truebluecoondog
· 1 year ago
I'm not bitter. Well, maybe just a little bit FURIOUS!!! I wish I had a gun to cling to for comfort.
rrh
· 1 year ago
best would be a 25magnum with sniper scope -- but short of that, common sense and a decent set of laws avoiding this kind of thing are certainly in order
It's time to call Eliot Spitzer out of retirement, rehab, or wherever he is hiding. I don't care how many hookers he used, how much he paid them, or what objects were inserted into which places upon his person. Spitzer knew how to handle these mamzerim and they FEARED him. An Obama presidency would be well-served by putting Spitzer in charge of the SEC.
Other than that, the only way to stop the financial engineering and legalized usury is through the 'Bolshevik' method. Sounds harsh? Tell that to the middle class folks whose pensions are gone.
So he's probably taking a loss on the sale, and trying to preserve his personal fortune. Yes it's a nice consolation prize and I'd like to have me some of that, but let's be realistic here, it wasn't Greenberg's fault.