http://www.parkerkohl.com/aig/ Bringing talent and resources together to solve problems. Sun, 29 Aug 2010 12:07:54 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://www.parkerkohl.com/aig/comment-page-1/#comment-57 gmail.com Wed, 24 Jun 2009 05:30:26 +0000 http://www.parkerkohl.com/?p=319#comment-57 AIG took on 185b in government guaranteed credit lines. Since last fall they have paid off all but 41b. They guaranteed AAA rated securities packages that turned out to be packaged mortgages that were bad, very bad. Greed, come on, the roll we were on.... How about the rating companies, 125% mortgages sound like AAA to you? I had dinner with two AIG VP's at Gordon Biersch last Tuesday, so I'm thinking I've got a straight story.... Don't smear AIG insurance, probably the most talented and impressive group of professionals I've worked with in my 18 year career with that crap. You're messing with peoples lives and livelihoods, at least get the facts straight!! AIG took on 185b in government guaranteed credit lines. Since last fall they have paid off all but 41b. They guaranteed AAA rated securities packages that turned out to be packaged mortgages that were bad, very bad. Greed, come on, the roll we were on…. How about the rating companies, 125% mortgages sound like AAA to you? I had dinner with two AIG VP’s at Gordon Biersch last Tuesday, so I’m thinking I’ve got a straight story…. Don’t smear AIG insurance, probably the most talented and impressive group of professionals I’ve worked with in my 18 year career with that crap. You’re messing with peoples lives and livelihoods, at least get the facts straight!!

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