American International Group, Inc. (AIG)

[makesumgravy]

The hedgies will short this stock to death as we have seen, the uptick rule is a farce, and even this will not be employeed for 6 more months...........The SEC or Mary Shapiro wants investors input regarding the uptick rule............Sec.Gov is the place to go to make your opinions heard..........this was a public statement, not mine. My opinion is the ban on shortselling, and the elimination of stock options. No matter the argument from the hedgies, they can use options, shortselling for them is zero capital investment on borrowed stock. Options trading, buying and selling do enough damage for pennies on the dollar.

GS was at the top of the list for Henry Paulson. GS was not a bank who was involved as a financial lender to residential mortgages. IMO the set up was the fall of Lehmans based on Paulsons info then shorted by GS's hedgie in the Caymans. One crook beating the other at their own game, but GS via Paulson showed Lehmans hand........Paulson hated Fuld, remember he was his competitor at one time.

Finally, we have Goldman Sachs (NYSE: GS) on the run. The investment banker clocked in with profits of $3.39 a share. Analysts figured that the firm would only be good for $1.64 a share.

Goldman Sachs is also making headway toward paying back its TARP capital, no doubt as a way to battle back against the public's unrest over the firm's taking $10 billion in TARP funds and clearing nearly $13 billion of the money that went to AIG (NYSE: AIG) as a counterparty to AIG's losing bets.