Thoughts on AIG

March 20, 2009 on 6:52 am | In Economy | No Comments

I would encourage everyone to read the linked article. Michael Lewis lays it out and provides us insight into why we should fear the Gov’t being able to modify contracts. I’m as outraged as the next person, but the problem is not the bonuses. The problem is allowing a company to continue way past its expiration date. Let me know what you think of the article.

Mass Hysteria Over AIG Obscures Simple Truths: Michael Lewis



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