Frankly, I don't think AIG will get better... And throwing money at it isn't going to rectify the problems within the company as far as management decisions, and certainly the problems within their risk management department, which I believe is led by either idiots or scoundrels - meaning either they didn't see it coming (idiots) or they did and just wanted to cash in on it before the fall (scoundrels) - and I'm not talking about the thousands of back office people, I'm talking about the people making the unwise business decisions.
I also know that there are divisions of AIG that are not involved in this (I actually have friends and neighbors that work for AIG that have nothing do to with this, here in Houston - just as I have friends who worked for Stanford Financial who didn't sell Antiguan CD's
)- they will likely need to change their name to get out from underneath the taint of the AIG umbrella.
And, as for your cute kitty analogy - If I was given a cute kitty that I found out was paid for out of money that did not belong to the person who gave me the kitty, in good conscience, I would not keep the kitty, I would give it back to the person whose money was stolen to pay for said cute kitty.
And, I wouldn't need some legal clawback to make me give it back. I just, personally, could not take something from an innocent party to a fraud.
And, Munchkin - I apologize for wrongly ascribing that quote to Frank (I was just going off what the earlier poster said), but I still think he's an idiot and a fraud!
Wow, I'm ready for Friday Margaritas!! I need to get out of the office and start thinking good thoughts - CENTER, OHMMMM
