PurkM

PurkM

1p

1 comments posted · 1 followers · following 0

16 years ago @ Knowledge@Wharton - Kenneth Feinberg and E... · 0 replies · +2 points

The guy sounds like he's almost appoligizing for doing his job. Those AIG executives are lucky they aren't in jail. Every penny in compensation that was paid out to those who sold "insurance" on securitized mortgages should be clawed back. Nobody should profit from destroying a company. With the dollar amounts involved, it's a joke to blame Moody's or any other ratings company. I'll never be convinced that this was not outright fraud.