In The News

• Bernanke Says Insurer AIG Operated Like a Hedge Fund – Bloomberg
• The Never Ending Bailout – New York Times
• US SEC official wants proxy access addressed in 2009 - Reuters
• 'Bad Bank' Funding Plan Starts to Get Fleshed Out - WSJ

Comments

[Trent]

Mr. Icahn,
It looks as though the governing entities are starting to take notice of the frustrations of common citizens, shareholders and addressing security. The newly elected president and his team is really putting a full court press on the lack of appropriate representation and negotiating a truce to the end of Americans vs. Americans. Haves against the Have nots, rather than feel good about citizenship of their country they feel threatened.

As I have posted numerous times, the market lost confidence because of lawlessness and unethical business practices. It's amazing to hear the small elite of American wealth make a similar debate not heard since the 1860's of why keeping a group of people oppressed, unrepresented and disenfranchised will some how be better for them to remain left out of the American dream. A select few also once had the same idea about the rights of women. The notion of letting the wealthy keep their wealth thru less taxes so they can sprinkle sugar on the foreheads of fellow Americans and call it prosperity.

The market will not return until the individual investors feel safe about integrity, representation, justice and accountability to business practices. The boogey men refuse to invest because they now feel threatend by the oversight and changes to the system. They are acting like (r....es) when the light is turned on scattering for cover. Um, imagine that? Now all of a sudden they want security and clarity?

Mr. Icahn, how do these news channels pay their bills? Which pay their reporters, some of which with suspect opinions. The next enlightening news story to drop will be the underlying motive behind some reporters. Rather than hit the streets and talk to common citizens we choose to mention private conversation that can't be tested for legitamacy. Reporting to sway opinion vs. unbiased reporting.

I love this country and the idea that we are honoring the creed of our constitution. The people will come back to the market once we have completed our diversified corrections and smoked all the prosperity robbers out of the closet. The American people have spoken, they can't be fooled anymore and they live the direct effect of the diversified uneven playing fields. Regardless of individual capital strength we all bear the responsibilty of being caretakers of our fellow Americans.

The accounts held overseas to dodge taxes will pay for over half the stimulus bill. The news media, written and televised have a great opportunity to regain their respect taken away for past contributions to this great country in reporting integrity but some are grandstanding for personal gain. The boogey men holding the strings are still out there but the citizens are educating themselves to protect against the manipulators. The government should not negotiate with these prosperity robber barons to stimulate growth, these people should start conducting themselves as profesionals considering the repercussions of their acts on fellow citizens.

[P.Carr]

It is a fact of the 21st century where we now have a country within a country. Take the UK (United Kingdom)far removed from united considering the long established class system. It's the wealthy and the poor. The same goes for US the wealthy fraternity /family classes vs the working classes.