peHUB Second Opinion 12.16

Dear Sirs: Maurice Greenberg is not happy about the price being paid for AIG's toxic assets. He wrote a letter to Edward Liddy to tell him so. You Knew It Was Coming: Madoff gear on eBay. And Even Better: Madoff speaking in 2007, where he outlines how fraud is nearly impossible. Best line at minute 5:30: "It's impossible for a violation to go undetected, especially for a long period of time... That doesn't mean there aren't abuses..." (Infectious Greed) So About That Argument: That a bankrupt automaker would discourage people from buying cars. Looks like that's out the window, according to a poll.

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