shall i say it?
do i need to?
it appears that the insurance giant AIG's chairman participated in a deal that "may have been aimed at artificially bolstering the company's financial position."
doesn't this sound a tad familiar? haven't we been through all this before? weren't the new "transparent accounting" principles supposed to curtail such acts?
i'm shocked. and not because people of questionable ethics in high places exist. i know they do. sadly, its more the rule than the exception. when will we re-invent capitalism so we don't reward people for their bullshit behavior?
i'm not shocked because this exists. i'm shocked that it will be brushed under the rug tomorrow and the machine will keep on polluting and nobody will bother to make a change.
is AIG in your portfolio?
i bet it is.
No comments:
Post a Comment