Posted on 03/11/2009 1:18:07 AM PDT by JerseyHighlander
Aig-Systemic-090309 (This is an excerpt of the memo's headers)
AIG: Is the Risk Systemic? STRICTLY CONFIDENTIAL DRAFT February 26, 2009
What is Systemic Risk?
Risk Assessment Summary
How Big is the Systemic Risk in Insurance ?
Impact on U.S. Governments Efforts to Stabilize Economy
AIGs Global Impact
General Impact on Economy
Life Insurance Policyholders: Run on The Bank
Impact on Retirement Savings
Consumer Finance Impact
Extensive Business Disruption
Extensive Business Disruption (cont.)
Impact on Global Capital Markets
Direct and Indirect Impact of AIGFP failure
Impact of Failure of ILFC
Seizure of foreign assets
Conclusion
(Excerpt) Read more at scribd.com ...
Yes, they are evil, but was what they did provably illegal?
ITS systematic risk. “It’s” is short for it is, and is not the possessive form.
Ping to http://www.freerepublic.com/focus/news/2203068/posts?page=94#94
On Sept. 17th in Singapore there was a run on AIG offices. On Sept. 18th there was a draw of 105 billion...nobody ever indicated where or who that Federal Reserve Money went too.
What caused the run in Singapore?
prosecute them....find something
find something like wire fraud
I pretty much agree but it still might crash the system really really bad
Thanks very much for the links to the other thread with other links, EBH. GRRRRREAT stuff!
So basically, AIG has already failed - it's just that word has not been received by those in power ...yet.
Thanks for the link. Rand’s words are there for anyone to read. I do not recall her ever confusing capitalists with criminals.
Thanks for your contributions to this forum and to jihadwatch, dennisw. They are outstanding.
AIG Bailout Rescues the Undeserving !
Excerpt:
The Wall Street Journal on Friday reported that some financial institutions like Goldman Sachs and Morgan Stanley had received payouts on AIG's bailout, as well as European banks . One of the arguments AIG made for the bailout was the threat of the collapse of European banks due to their exposure."They were actually arbitraging their regulatory capital threshold by writing risk with Hank Greenberg," Whalen says. "The Europeans have to take responsibility for their mess."
LMAO LOL !
AIG Stock Now Selling for 39 Cents !
LMAO Again . . . Obama's bailouts are another Ponzi scheme run on the American taxpayer !
Bankers, bailing out (enriching) other bankers with billions in tax funds. A real sweet deal.
rush once mused that either someone like soros or
some other country perhaps that wanted to take us down.
I’m beginning to think the only way out of all this is for the states to tell the Feds “goodbye” ..and “goodluck”
Clearly Congress is so compromised their representation is backward..AIG gets a better shake than the people...
I am tending to lean more and more that this was a WAR attempt on our economy.
agree.
no economy, no aircraft carriers intervening around the world.
BUMP-TO-THE-TOP!
Thanks to all posters on this thread.
WORTH ANOTHER BUMP-TO-THE-TOP!
Thanks to all posters on this thread.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.