Wednesday, March 25, 2009

A Great Column on AIG

Wendy Milling is a new contributor to Real Clear Markets. I believe this is her first article there. It is good, and accurate. Read it.

Update - Here's a great "I Quit" letter from an AIG employee published in the NY Times. (HT: Club for Growth)


Doug Keegan said...

What do you think of this?

Brian Shelley said...

I liked it a lot. He clarifies some nuances that I was not communicating. It really is the regulatory mark-to-market accounting that I have a problem with. The use of mark-to-market of non-regulatory accounting rules don't bother me that much.