Central Banks and Bankers are above the law. Janet Yellen wrote 4.3 Trillion in checks on an account with nothing in it. The ECB is about to do the same thing as the Federal Reserve did write checks for bonds on an account with nothing in it. If you did that you would be doing time. Difference is they bought Collateral with an account that had nothing in it. At least money laundering starts with collateral and writes checks from there outward.
Is alleged money laundering even a crime or is just a matter of whose money it is?
Look up Operation Gladios. Tell me who you think is good or bad in that OP, please?
Don't you think eventually the cable companies will start their own Online version of NFLX? NFLX doesn't have any patent on the Online Model. How many people will continue to order DVD's in the mail? Cable already has agreements with the movie and series producers to an even greater degree than NFLX does.
For instance Liberty which is the majority owner of Comcast, owns all kinds of content producers and providers.
Told you so. Without all that QE Federal Reserve Capital AIG will have to start raising it's own capital, which just kills earnings. QE free lunch is over, AIG wasted the time it bought them to shore up net capital. Now no re-insurers will want any part of that alleged $78 per share insurance book, without a lot more capital reserves.
AIG 2008 all over again?
AIG did have to put a lot more cash into Capital Reserves which was my original thought. They are on their own now, that's for sure. Your right. It was unrealistic to think they would have to contribute more to Capital Reserves, without QE capital infusions, In your opinion is buying stock at the top Cheerleading or a true valuation play?