Front page of today's WSJ. Need I say more?
AIG, whose business nearly collapsed in 2008 because of its exposure to risky mortgage backed securities, is going back into the real estate business. This is the same AIG, the world's largest insurance company, that underwrites the risky credit...
Congressman Grayson Demands Release of AIG Emails
The public own AIG like they own the government, hows that working out for you?
I understand Grayson got a reply. I think it went something like this.
Shut the fuck up, we would hate to see the economy go south, and by...
Geithner Could Face Criminal Charges Over AIG Coverup
I told you guys, the bailout was about CDR's. Geithner can now go to jail.
If you think this is bad, and it is, watch the next video, it is a shocker.
Also if you think the administration does not know this, then I deserve more...
Fed Authorized 100% Payout by AIG on CDS
Does anyone have any idea how much were talking here????? I will give some time for guesses, but let me warn you, aim unbelievably high...hell if you think your aiming to high, take that as proof that your too low!!! I shit you not!
I like this guy, Matt Taibbi. He's going after GS pretty much all the time anymore. It's a subject I'm sure the Obama admin doesn't like to talk about...
After $182 billion taxpayer rescue, is AIG on the verge of collapse?
I get a real kick out of the partisans, I can't even begin to imagine how many time I have been asked "what the fuck are we supposed to do dumb fuck, allow the banks to fail?", and I always reply, they have, that is the...
AIG seeks to pay $235 million bonuses to 400 employees
You all get a bonus, this site is my bible.
WTF we have a compensation Czar????
24K is average income????? man I blow through that like i change underwear!!
WTH is going on here.......24K???
AIG May Have Zero Value After Rescue, Citigroup Says
What the hell does it take to wake people up, AIG insures derivatives, you 401 is invested in this, and after four bailouts, the share for the PUBLIC will be zero, if not less.
This criminal government has pledge up to $12.8 trillion...
Are Ideology and Morality like AIG and Citibank?
Are AIG and Citibank too big and complex to fail?
Can our high tech capitalism, where extraordinary power rests in ordinary hands, survive such a situation?
How can capitalism adjust?
Are ideology and morality too big and complex to...
Here are some excerpts from an article:
The AIG debacle teaches us two things: First, it does not make sense to try to save any single financial institution. Failed enterprises should fail â€” and go awayâ€¦ The second lesson is that no matter how bad you think market capitalism is, the federal...
Wednesday, March 18, 2009
The Madoff investigation is very similar to the 9-11 investigation in that evidence of a larger conspiracy is being avoided and ignored. It is possible that the billions that Madoff stole, and is still unaccounted for, was being used to finance Israelâ€™s vast global...