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congress: Cut Mr. Liddy with AIG some slack! - 03/19/09 09:08 AM
Given the complexity of the problem Mr. Liddy is tasked with resolving, I feel like all other things being equal he is doing a good job.  He's kept the company out of Bankruptcy, avoided massive lay off's and a further meltdown. 
Evidently Wall Street feels that he's doing a good job as well. After his testimony yesterday the stock was up 42%.  In pre-market trading this morning it is up another 1/2, or 38%.
Here is what I feel like Congress and the media doesn't understand or has otherwise chosen to overlook for the benefit of sensational media bites.
AIG has … (7 comments)

 

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