Comments: AIG scandal - when it's ok for a company to commit a crime

Dear Sirs: My total retirement savings was invested in an AIG variable annuity. Three years ago (after earning 15%+ for ten years) I lost 40%. In the past three years I've earned almost nothing -- it's just sitting there -- I am retiring this summer and I'm so damaged I'm afraid to do anything.
The annuity was attractive because it was said to be profitable and would not require me to follow it closely. I actually believed that!

Good luck in your investigation. Yours truly, Daniel Bond 5-26-05

Posted by Daniel Bond at May 26, 2005 08:48 PM
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