You don't know whether TARP funds that went to AIG then came through to you?
You want to be trusted. I am glad you want to be trusted, but I think you can understand why there are a lot of folks wh...
So why do you end up with $2.5 billion of taxpayers' money in your pocket when we don't owe you the money?
If you think $12 billion is a small net short, the answer is, you think that is small.
It is important to note however that we are active traders of mortgage securities and loans.
You shouldn't be selling junk. You shouldn't be selling crap. You shouldn't be betting against your own customer at the ...
You increased protection on disaster scenarios.
You reduced [your] loan purchases.
Do you consider that a tremendous profit?
You shorted synthetics.
You intended to keep short positions in all kinds of transactions we went into today.
You don't acknowledge it is big time. You said it was, what, a small net short.
You shut down all residential mortgage warehouses.
The bubble burst in 2007. We are looking at the causes of that bubble bursting.
These credit default swaps that you engaged in, these synthetics, in my judgment and I think most people's judgment, do ...
But you were paid a whole bunch of money by the Federal Government.
The U.S. Government decided not to allow AIG to default.
An amazing performance with a market that went under in mortgages.
