Comments on: The Fix Is in at AIG

By: The Piker

The Piker — Thu, 19 Mar 2009 20:35:33 +0000

Vivek Dodd: Bill has a marketing machine called Agora. They make millions for him, enough to buy castles in France.

By: MyLessThanPrimeBeef

MyLessThanPrimeBeef — Thu, 19 Mar 2009 18:35:13 +0000

The next generation won’t pay.

Sperms and eggs will protest!

By: Ronald Cancienne

Ronald Cancienne — Thu, 19 Mar 2009 18:11:15 +0000

Bill – If as you say, this recent increase, from 667 to 803, is like November’s rise from 741 to 944, then, the fall, beginning in January, from 944 to 667, portends a similar fall from 803 to 567 on a percentage basis.

By: Rick Florance

Rick Florance — Thu, 19 Mar 2009 16:31:07 +0000

Mr Bonner, you wrote “Already, as we pointed out yesterday, there’s about $20 trillion worth of debt debris that must be brushed aside before the economy can begin rebuilding on a solid foundation.” Can you please tell me why you think that an economy that is based upon paper script called “FEDERAL RESERVE NOTES” can ever be “solid”? I like what you usually write but this idea you espouse is absolutely ridiculous.

By: Grey Ghost

Grey Ghost — Thu, 19 Mar 2009 07:21:24 +0000

I don’t think anyone was surprised to see that the fed would be buying bonds, but the magnitude of 3 billion shocked me. Is this because China refuses to buy them anymore? The fed is toeing the line with little respect for the hyper inflation risk. Bill, if you read this post, can you dive into the previous example of the German hyper inflation of the 30′s and any parallels to what we are going through today. I’m curious how long after the original stock market crash it manifested and how manipulated was the German currency at the time. Thanks!

By: Nick

Nick — Thu, 19 Mar 2009 07:08:25 +0000

INDEED A FIX!
If the executives’ bonus deals were arranged pre bailout they must have been included in the budgets. Which board could possibly approve budgets authorising the payment of outrageous bonuses in a loss making scenario?

By: Greg

Greg — Thu, 19 Mar 2009 02:47:53 +0000

Bill,

It is time to go shopping! It is time to start stocking up on essentials that are likely to become scarce and higher priced. Even if you are wrong, you can still use them over time. Where else does it make sense to put you money ( assuming you have enough precious metals)?

By: Joe Martinez

Joe Martinez — Thu, 19 Mar 2009 02:10:20 +0000

Another page is added to the American experience as the government pays off the bets of the world’s largest casino, a casino that the government refused to regulate. The casino’s bosses are taking home millions of dollars while most of us have watched our investments fall 50%. The same investments that the gamblers created through a system of derivatives. The media tells us that the derivatives are to complex to understand but they are not to complex to understand but just totally absurd. Mean while the gamblers have pay themselves billions of dollars by creating the derivative bets through a hedging system of stocks and real estate. Then with debt and unemployment at a 25 year high and earnings at a 60 year low the market rises 15% because someone wrote a memo and the question remains in the back of everybody’s mind … Who will write the next memo?

By: CommonCents

CommonCents — Wed, 18 Mar 2009 23:13:33 +0000

China may be holding all aces but the Fed proved once again it is holding all wild cards!

By: Vivek Dodd

Vivek Dodd — Wed, 18 Mar 2009 21:29:40 +0000

Bill – I’ve been reading your pieces for the past few years. Most entertaining and also useful. I’ve made a bit of money with levaraged speculation on gold (i know it’s not kosher, but we live in interesting times).

What I can’t understand is, how you can continue this high quality output without any payment. True I subscribed to fpletters for a year (not much use to me) and bought your book. But do you sell enough of those to keep working?