Find all School-related info fast with the new School-Specific MBA Forum

 It is currently 29 Jun 2016, 01:24

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Mass Hysteria over AIG Obscures simple truths

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics
Author Message
Senior Manager
Joined: 01 Mar 2009
Posts: 372
Location: PDX
Followers: 6

Kudos [?]: 78 [1] , given: 24

Mass Hysteria over AIG Obscures simple truths [#permalink]

Show Tags

20 Mar 2009, 23:28
1
KUDOS
http://www.bloomberg.com/apps/news?pid= ... refer=home
_________________

In the land of the night, the chariot of the sun is drawn by the grateful dead

SVP
Joined: 05 Aug 2007
Posts: 1502
Schools: NYU Stern '11
Followers: 15

Kudos [?]: 211 [0], given: 22

Re: Mass Hysteria over AIG Obscures simple truths [#permalink]

Show Tags

21 Mar 2009, 03:57
Excellent article by Lewis. Especially, his closing paragraphs:

Quote:
Since the beginning of the crisis I’ve wondered why the government has found neither the will nor the way to attack the root of the problem -- the people who borrowed money to buy homes they shouldn’t have bought.

Now I think I understand. It would be too simple. People would understand a lot of small payments to the guy down the street who doesn’t deserve them, and become outraged. Far better to throw trillions at opaque corporations, the inner workings of which no one still really understands.
Manager
Joined: 08 Mar 2009
Posts: 193
Followers: 1

Kudos [?]: 18 [0], given: 0

Re: Mass Hysteria over AIG Obscures simple truths [#permalink]

Show Tags

28 Mar 2009, 08:29
I think this AIG controvesy is losing steam...both by the fact it is played out and by the fact that Obama admin wants it to go away......
Re: Mass Hysteria over AIG Obscures simple truths   [#permalink] 28 Mar 2009, 08:29
Similar topics Replies Last post
Similar
Topics:
1 To those who might stretch the truth on their application 4 18 May 2010, 09:21
GMAT over 400? 9 24 Jul 2009, 10:49
The Party's Over: The Coming B-School Shakeout 2 03 Apr 2009, 08:23
Dear AIG, I quit - op-ed article 17 25 Mar 2009, 06:40
Display posts from previous: Sort by

Mass Hysteria over AIG Obscures simple truths

 new topic post reply Question banks Downloads My Bookmarks Reviews Important topics

 Powered by phpBB © phpBB Group and phpBB SEO Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.