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Re: kbsg2020 post# 36221

Tuesday, 06/16/2009 7:55:43 AM

Tuesday, June 16, 2009 7:55:43 AM

Post# of 44848
:)) With all that paper he purchased from Office Max he must own the other side just for storage. This OTC market is where the FBI needs to focus all their attention. AIG "alone" has made approx $175bn here with the need of $265bn more just to cover their bets with forgiveable debt. If investors don't lose their money to the corrupted like Berman, its lost in the form of taxes. The owners and insiders keep raking it in, and the public has to keep sucking it up, like the ones who invested with Madoff thru feeder funds. One Congressman whose name slips my mind right now who lost all his investments with him, and vehemently opposed to these kind of bailouts prior to his learning of Madoff's scam, during a media interview stated the govt or SEC should reimburse his losses thru SIPC and his investments indirectly going to Madoff shouldn't matter. He also stipulated that when he's in DC he has his Congressman's hat on, and when he's not he has is own self interest to look after....................in other words he's as big a phoney as anything he proposes, like most of them are, a system devised to protect the rich, and corporate scoundrels they serve, and Wall Street, and those who aren't, or were even legitimately registered, like Madoff...............he should have invested with an offshore hedgefund like most of them do, he could have made millions off the money that gets extracted from their daily shortselling.