> Its as simple as this
> RE this mess... fraud cancells all related contracts..... bonus
> contracts and derivitive contracts based on fraud, tranching and etc..
> sold as backed by real value in a bubble. fraud. Bonus contracts.
> cancelled..
> These idiots, ex car salesmen and pizza delivery people in many case
> at AIG, are not just employees, but are party to the fraud and the
> fraud before it...and as those who left the industry have said,
> everyone knew it was fraud... so it was fraud.. saying 'I was just
> an employee' doesnt cut it
> Phil scott
And apparently there was many a scumbag who shorted these derivative
things, so after they made money selling the crap, they made more
money by shorting it before its inevitable implosion !!!!!!
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> RE this mess... fraud cancells all related contracts..... bonus
> contracts and derivitive contracts based on fraud, tranching and etc..
> sold as backed by real value in a bubble. fraud. Bonus contracts.
> cancelled..
> These idiots, ex car salesmen and pizza delivery people in many case
> at AIG, are not just employees, but are party to the fraud and the
> fraud before it...and as those who left the industry have said,
> everyone knew it was fraud... so it was fraud.. saying 'I was just
> an employee' doesnt cut it
> Phil scott