Quote:
Originally Posted by woj
There is a lot of noise and finger pointing in the media, I have yet to see any obvious signs of any widespread criminal activity of any signs of "them" trying to screw everyone... some actions that have been taken may seem criminal in hindsight, but when taken in context, they all made business sense...
there is like some shadiness going on, "this asset is practically riskfree" is really no different than "we convert 1 in 50"... but stuff like that is pretty much par in any industry...
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AIG was pure all out fraud, scams, lies, manipulation, deception, speculation, and set to win even in a gain or loss, a win win for them either way - while shit tons of people took a massive loss, all money sucked away, nothing given back..
It was pure criminal activity, nothing more, nothing less... and it's only one of many many many examples, and even many many many related subsidiary companies that also took part, and even duplicated it.
Business sense? They took your fucking money and gave it to them, after they frauded everyone, then paid themselves out of that money too, that makes business sense to you?
So if you did that, you wouldn't be in jail? Righttttttttt.....