Aig’s Ex-ceos Blamed For Crisis: House Panel Chairman Rep. Henry Waxman Says Executives Got Undeserved Riches, While Ex-ceos Robert Willumstad And Martin Sullivan Blame Accounting Rules For Leading To $85b Bailout. Huge Bonuses That They Didn’t Deserve.
17Nov
Obaid Karki An Outcast Underdog Libertarian Diogenesist Kabbalist Spinoziste Qutbist Pantheon Hexalingual Automath Former UAE Under Secretary Independent Street-Knowledge Urban Talking-head. Unaffi…
why don’t mortgages have a book value like a car, stocks,etc..? a value that will never below a certain point..
joshEakins25
November 18, 2009 at 12:38 am
Thats not what book value is. Book value is how much something is worth at the time it is recorded on the books. Its more like a snapshot in time than a limit.
ficote72
November 18, 2009 at 1:19 am
Waxman is in the list of shame of democrats no supporting resolution HR1207 to audit the FED
moonraker416
November 18, 2009 at 1:39 am
Maybe because he is aware that the Fed already gets audited?
neuralres
November 18, 2009 at 2:08 am
Waxman was the head of the Dept. of Energy when him and his fellow thieves passed the Medical Device User Fee Amendment of 2007. I am a small manufacturer of teeth polishers. This law made my annual registration go from $50 a year to $6000 a year with $1000 increases per year. . With the stroke of a pin this scum destroyed a 15 year business. Their reason was that they deserve the money more than the people who earned it. So all my hard work and sacrifice goes to N.W.O. thieving filth.
Silberdachs
November 18, 2009 at 2:17 am
World financial banking crisis is due to massive and systematic fraud. The truth is revealed by a former Regulator (now a university professor). If you really want to know who is responsible for the current financial mess, check this out:watch?v=CQ4JXW_ErXQThis deserves to go viral.
terrorbytepresents
November 18, 2009 at 2:31 am
Wheres the lynch mob when u need them?
CoolDojo9000
November 18, 2009 at 2:32 am
Large transfer of wealth from the American middle class and poor to the Wall Street elite. These idiot/FAR OVERPAID investment bankers and even more retard executives bringing down an empire. Fascinating.
SouthsideBuddy
November 18, 2009 at 3:01 am
AIG sold  an Insurance policy covering home loans no matter how bad they were. They had nothing to back their policy,nothing. That is a Ponzi scheme. Madoff will have company in jail.
shqiptr
November 18, 2009 at 3:50 am
“AIG sold an Insurance policy covering home loans” ??!!u sure about that?lol…sad.
Dewdaahman
November 18, 2009 at 12:03 am
why don’t mortgages have a book value like a car, stocks,etc..? a value that will never below a certain point..
joshEakins25
November 18, 2009 at 12:38 am
Thats not what book value is. Book value is how much something is worth at the time it is recorded on the books. Its more like a snapshot in time than a limit.
ficote72
November 18, 2009 at 1:19 am
Waxman is in the list of shame of democrats no supporting resolution HR1207 to audit the FED
moonraker416
November 18, 2009 at 1:39 am
Maybe because he is aware that the Fed already gets audited?
neuralres
November 18, 2009 at 2:08 am
Waxman was the head of the Dept. of Energy when him and his fellow thieves passed the Medical Device User Fee Amendment of 2007. I am a small manufacturer of teeth polishers. This law made my annual registration go from $50 a year to $6000 a year with $1000 increases per year. . With the stroke of a pin this scum destroyed a 15 year business. Their reason was that they deserve the money more than the people who earned it. So all my hard work and sacrifice goes to N.W.O. thieving filth.
Silberdachs
November 18, 2009 at 2:17 am
World financial banking crisis is due to massive and systematic fraud. The truth is revealed by a former Regulator (now a university professor). If you really want to know who is responsible for the current financial mess, check this out:watch?v=CQ4JXW_ErXQThis deserves to go viral.
terrorbytepresents
November 18, 2009 at 2:31 am
Wheres the lynch mob when u need them?
CoolDojo9000
November 18, 2009 at 2:32 am
Large transfer of wealth from the American middle class and poor to the Wall Street elite. These idiot/FAR OVERPAID investment bankers and even more retard executives bringing down an empire. Fascinating.
SouthsideBuddy
November 18, 2009 at 3:01 am
AIG sold  an Insurance policy covering home loans no matter how bad they were. They had nothing to back their policy,nothing. That is a Ponzi scheme. Madoff will have company in jail.
shqiptr
November 18, 2009 at 3:50 am
“AIG sold an Insurance policy covering home loans” ??!!u sure about that?lol…sad.