The Wrong Blame for AIG
March 19th, 2009 • No Comments
It seems many people are outraged at the wrong source. The media has actively covered the AIG bailouts explosion with such fervor and outrage that is expected from such a overallocation of funds, but the people to be mad at are not the Edward Liddy’s of the world; its the slippery slope we unleashed in dealing with these troubles. Continue reading ‘The Wrong Blame for AIG.’
Liddy Appears Before House Subcommittee
March 18th, 2009 • 1 Comment
Current chief executive officer of AIG, the insurance giant which has recently come under fire for paying bonuses to executives after receiving billions in taxpayers’ money to “save” the economy, appeared before the financial services subcommittee in a hearing entitled, “American International Group’s Impact on the Global Economy: Before, During, and After Federal Intervention.” Continue reading ‘Liddy Appears Before House Subcommittee.’
Sen. Charles Grassley (R-IA) Tells AIG Executives to “Commit Suicide”
March 17th, 2009 • 1 Comment
While a number of senators have begun proposing bills to express their outrage at so-called thievery in AIG’s behaviour towards bonuses, some expressions of outrage have found themselves offensive across the political spectrum. Continue reading ‘Sen. Charles Grassley (R-IA) Tells AIG Executives to “Commit Suicide”.’
NY: AIG Numbers Confirmed
March 17th, 2009 • No Comments
NY District Attorney Andrew Cuomo confirmed Tuesday, after receiving a subpoenaed report from the company itself, that AIG paid out $1 million or more to at least 73 employees, including 11 who no longer work for the company. Continue reading ‘NY: AIG Numbers Confirmed.’
