More Wars…

Just to complete the set; last year’s E3 cinematic for Old Republic.

There’s also the splendiferously long Walkthrough Trailer (Note: 10 months old) …

Pardon the politics…

Didn’t we give a large amount of bailout money to the same Wall St companies we are now hitting with big fines.

Case in point, AIG:  bailout $150 Billion,  fined $725 Million (0.5%)

Here’s the part that really confounds me:

A first payment of $175m is scheduled within days of the court’s approval, however, while AIG is expected to raise the further $550m th[r]ough the issuing of new shares.

So the company was found guilty and fined. The first payment will be 1/1000th of the cost we bought 80% of the company for a year ago, and presumably will be paid out of that money. The rest they will pay by devaluing the bailout shares – by getting more suckers to invest in them…

Wouldn’t that make the fact they’re going to pay their fine by issuing new shares equivalent to a thief telling the judge he’ll pay bail “right after I nip next door to the jewelry store…”?

Is it not a bit like Bernie Madoff offering to compensate his victims with shares in a new enterprise he’s setting up … ?

Caveat: I’m asking questions, I am genuinely confused by this issue and poorly informed.