Re: [tlug] Open-source Japan

[Kenneth Burling <burlingk@example.com>]

On Thu, Mar 5, 2009 at 6:33 PM, Stephen J. Turnbull <stephen@example.com> wrote:



>
> I think the "right" way to deal with this kind of problem is to force
> these "deal makers" to stand on their own.  The problem is that people
> think AIG is too big to fail, so if AIG stands behind their CDS
> subsidiary, you don't have to worry about the CDS business either.
>

The reason that they are giving to the public is that AIG has their
hands in pretty much every pocket on the planet in one form or
another...  That would make letting AIG fail one of those potential
desasters that the EU has been warning the US to avoid with less than
friendly wording.  :P

-- 
Ken