Tag AIG

Who controls the country? AIG and raging populism

Who controls the country? The government or Wall Street? That answer will determine the ferocity of the populism. John Robb Viral violence incoming. As this NYTimes article points out, the public is actively targeting AIG execs. Death threats have resulted…

AIG offices patrolled by armed guards

The American public entering AIG offices with a few questions to ask. Things appear to be shrieking chaos inside AIG now. Death threats. Angry phone class. Armed guards. “It’s going to blow up,” said a senior Financial Products manager, who…

Gangster, gangster. Is AIG fomenting revolution?

The apparently continuing criminal enterprise that is AIG may finally have gone too far this time. The country has been pillaged and looted way too much by arrogant greedheads who think they are above the law. Dan Gillmor I’m still…

Robert Reich on AIG

When our very own Secretary of the Treasury cannot make stick his decision that AIG’s bonuses should not be paid, only one conclusion can be drawn: AIG is accountable to no one. Our democracy is seriously broken. Zero Hedge says…

Fed takes over AIG

I don’t think they had any choice. The Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of financial market fragility and lead to substantially higher borrowing costs, reduced household wealth and…