Business Current Affairs Frustrations

AIG: Inmates Running the Asylum

Bob O’Brien has a great Stocks to Watch column on this morning titled “Inmates Run The Asylum: The AIG Story“. I particularly enjoyed this part:

Congress said it is upset. Repeat: Congress is upset. Representative Carolyn Maloney said she has been ”asking for this information for months.” And then characterized the disclosure as, effectively, a good start? This is the equal of a guy falling off a 30-story building commenting, as he passed the 20th floor, ‘’so far, so good.”

Well said!

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