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AIG had Billions in Unofficial Vaults!!!
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SnoDad
Posted 1/11/2010 21:52 (#1017825)
Subject: AIG had Billions in Unofficial Vaults!!!


You have got to read this from NakedCapitalism - http://www.nakedcapitalism.com/2010/01/the-most-stunning-and-uncomm...

Apparently they had billions of dollars in undocumented bearer bonds they posted as collateral.

Q: How does a public company have billions of dollars in undocumented assets?
A: Fraud

Edited by SnoDad 1/11/2010 21:53
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