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Posts tagged AIG

Was Dodd A Lacky For Bad Banks?

Posted by bosskitty

Democratic Sr Senator (CT) Chris Dodd on Budget & Economy – during 2008 Presidential campaign

Q: Pres. Bush proposes “mortgage rates for homeowners with spotty credit histories would be temporarily frozen under a nearly completed agreement between top Bush administration officials and a broad alliance of Wall Street’s biggest banks, mortgage investors, non-profits and consumer [...]

AIG: Arrogant Incompetent Giant

Posted by nytexan

It appears Cuomo has managed to get the bonuses documents from Arrogant Incompetent Giant that Treasury Secretary Geithner was clueless about. Or so he says. Congress should make AIG give back every freaking dollar and close their doors. The backward logic of retaining any employee to help fix the screw up they created and then [...]

AIG: The Crooks Who Keep On Giving

Posted by nytexan

In September 2008, when Hank Paulson was running around the capital with is 3 page memo on how to save Wall Street and yelling the sky is falling, Congress never bothered to connect the corporate dots of greed. It obviously never dawned on any of our over paid, pandering members of Congress to ask specific [...]

CitiGroup To Taxpayers; Thanks For The Jet

Posted by nytexan

Despicable, reprehensible, disgusting and completely without conscience. Citigroup, who accepted taxpayer funded TARP funds, has purchased a corporate jet. According to Citi, they did not use taxpayer money for their Dassault Falcon 7X jet.
Someone please explain to me, what’s the difference if they used taxpayer money or their own money? If Citi had the funds [...]

Congress Needs To Take AIG’s $85 Billion Back

Posted by nytexan

In September when it was announced that AIG was in big trouble, Paulson set the wheels in motion for the $700 billion dollars bailout.  AIG received an $85 billion commitment from the government and the taxpayer would pay for their screw up. Apparently the event was so stressful for AIG CEO’s, felt they needed a [...]

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