$72 million seems like chicken feed if, as I suspect, Warren Buffett was sitting in with Secretary Geithner and the boys when all of this was being hatched.
Posted on 03/20/2009 6:54:03 AM PDT by Freedom of Speech Wins
NEW YORK (Reuters) -- General Re Corp., a reinsurance unit of billionaire Warren Buffett's Berkshire Hathaway Inc., agreed to pay $72 million to settle investor claims about its role in a fraudulent transaction involving American International Group Inc.
The settlement was announced Wednesday by Ohio Attorney General Richard Cordray, who led the lawsuit on behalf of three Ohio pension funds. The settlement requires approval by a federal judge in Manhattan.
(Excerpt) Read more at money.cnn.com ...
Gone is Elliot Spitzer who was prosecuting AIG, taken out by a scandal that emerged from an investigation of something else, launched by who?
AIG went from prosecuting target of the government to becoming a receiver of bailout funds, quite a change.
Where is the Democrats' commitment to education here?
$72 million seems like chicken feed if, as I suspect, Warren Buffett was sitting in with Secretary Geithner and the boys when all of this was being hatched.
the Moneychangers have got us, a la Rothschild control the money nevermind the law......
Good point.
That said, each of these things needs to be looked at.
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