To many outside observers, the American International Group Inc (NYSE:AIG) trial seems like a fight among elites where the sides are indistinguishable. AIG an example of big bank controllers To astute observers, particularly some inside the derivatives industry, the American International Group Inc (NYSE:AIG) struggle is an example of big bank controllers and their operatives inside government solidifying a monopoly. The fight has significance in that there were clear winners and losers. The documented winners were those considered in the elite ruling camp, with considerable influence over the U.S. Federal Reserve, certain regulators and even the U.S. Justice Department. This group…
AIG Trial Shows Government Ignoring Private Solution
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.