news.yahoo.com — President Barack Obama vowed to block multi-million-dollar bonus payouts by bailed-out insurer AIG as he confronted intensifying public anger against Wall Street excess.The controversy escalated as New York state Attorney General Andrew Cuomo started to slap subpoenas on American International Group.
Mar 17, 2009 View in Crawl 4
Closed AccountMar 18, 2009
A short history of modern U.S. politics...Republicans hate big government...so government gets bigger.Democrats hate inequity...so capitalism's control grows stronger.Think About It...
ronpaulsMar 18, 2009
wait so obama is outraged at AIG running their business with taxpayer money... when obama gave them our money?Spare me the phony outrage...
Closed AccountMar 18, 2009
Hey folks, don't be fooled by this smokescreen of a non-issue. The bonuses are less than ONE PERCENT of the money given to AIG.It's funny how the media won't say a peep about the real crooks in this situation...the Federal Reserve (which got us into this mess) and all the freaking banks that got what, a trillion bucks, including international banks in FOREIGN COUNTRIES. It's a shame Obama and other politicians feel they have to cater to this phony "outrage" to minimize political damage while ignoring the real crux of this bailout scam.
hardsideMar 18, 2009
Because AIG is not just an insurance company they also sponser a lot of construction projects, and delegates in Washington (such as Obama got a huge loan from them when he ran for President) if they fall, its like killing 2 birds 1 stone, however maybe its a good thing sometimes, who knows, personally I believe AIG should fall.
Closed AccountMar 18, 2009
AIG traded and sold fraudulent accounts with those FOREIGN BANKS...lied to them they did...and the Foreign Banks figured it out and jumped on the bandwagon to skim what they could before the bubble burst....so now it burst....everyone with proximity has blood on their hands....all are guilty...even if they were only following the fascist leadership of America's Bush regime
Closed AccountMar 18, 2009
pretty ridiculous i'd say...like giving the fox the keys to the chicken coup