September 17, 2008

AIG fails...

I am sure that AIG is big enougth to be rescued by fed. So i 've no doubt that some kind of bailout will occur during the next 24 hours.

But this raises some questions:
1- is this fair for smaller companies that were well managed?
2- is this fair for lehman employees? Why their taxes can be used to rescue some gamblers, but not their jobs?
3- is this fair to those that didn't gamble?
4- will big enought companies start to gamble?
5- it is rigth to gamble with shareholders money, receiving huge bonus if lotery is won, and be sorry if thing get ugly? Should this gamblers go to jail? Bad management of shareholders money should be punnished with jail!

What do you think about these questions?

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