AIG insuring of Detroit city bonds was not motivated by race hate or racism but profit motive. The first question is "why did the leaders of Detroit go to AIG in the first place?" I am not aware of any evidence that Detroit seeking insurance from AIG was racially motivated. AIG’s pricing of insurance or financial products was the motivation for Detroit entering into this market relation.
^^^^^ CB: On this issue, racism should be analyzed _structurally_, not in terms of individual motivation. _______________________________________________ Marxism-Thaxis mailing list Marxism-Thaxis@lists.econ.utah.edu To change your options or unsubscribe go to: http://lists.econ.utah.edu/mailman/listinfo/marxism-thaxis
