Tuesday, April 20, 2010

Even With U.S. Oversight, AIG Keeps Secrets


The stonewalling makes perfect sense. This whole catastrophic economic event was caused by a massive institutional fraud, but those who have the most on the line in Business and Government want to spin it as an unforeseeable event that was part of the natural cycle of business. If the parties with the most at stake can successfully re-imagine the cause of the crisis and sell it to the world then they can avoid neighboring jail cells to Bernard Madoff. The AIG data would likely cause a huge problem for key players and that is why the data is being suppressed. The upshot of all of this, however, is that the current state of the world's financial system is built on a foundation that is criminally corrupt, as such, it will ultimately collapse whether there are meaningful investigations or not. As they say, there are two ways to address this problem, the easy way or the hard way.



It seems the easy way is out of the question.
Read the Article at HuffingtonPost

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