Quote:
Originally Posted by TheDoc
AIG was pure all out fraud, scams, lies, manipulation, deception, speculation, and set to win even in a gain or loss, a win win for them either way - while shit tons of people took a massive loss, all money sucked away, nothing given back..
It was pure criminal activity, nothing more, nothing less... and it's only one of many many many examples, and even many many many related subsidiary companies that also took part, and even duplicated it.
Business sense? They took your fucking money and gave it to them, after they frauded everyone, then paid themselves out of that money too, that makes business sense to you?
So if you did that, you wouldn't be in jail? Righttttttttt.....
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I'm not familiar with specifics, and I bet you neither are you... but the fact is they were a successful company providing valuable financial services for close to 100 years before they collapsed... how do you explain that?
a. they were running a fraud operation for 100 years?
b. last ceo is a shady fuck that turned the company into a shady operation only recently?
c. they were too "leveraged" and when values of certain assets they held dropped too much they collapsed?
all your posts just contain vague claims, you haven't posted any specific facts yet...
Can you spell out why you think AIG was a fraud operation?