Tag: AIG

  • Drink heavily; recycle

    An investment banker said of the current Wall Street calamity: “If you had purchased $1,000 of Delta Air Lines stock one year ago, you would have $49 left. With Fannie Mae, you would have $2.50 left of the original $1,000. With AIG, you would have less than $15 left. But, if you had purchased $1,000…

  • A sucker . . . born every minute

    First came the looting of savings and loans across the nation, which, by the standard of today’s economic failures, was a quaint little hold-up. It still gave us this delicious title: The Best Way to Rob a Bank is to Own One by William K. Black. Have you heard of a better title for anything?…