AIG
AIG and the Congressional Kangaroo Court
Well, the boys and girls in Congress are up at it again - pointing the finger at AIG executives for exercising their one thing truly driving the business - self-serving greed. Greed is not good - greed and the search for the quick and easy buck is what has led to the debacle of the worldwide financial structure.
- WThomasPayne's blog
- Add new comment
- Read more
- 1584 reads
AIG Bailout - Shades of Things to Come
Well, here we go with the results of the first of what could be many mega-corporation bailout packages being abused by those receiving them - AIG American General spending part of that $85 billion package on a half a million dollar junket to a posh California resort (see the bill here http://www.thesmokinggun.com/archive/years/2008/1007083aig1.html?link=rs...).
A quick look at AIG Board of Directors shows a stream of finance industry corporate fatcats - and not ONE there representing the "investment" that the American people have made in this company.
- WThomasPayne's blog
- Add new comment
- Read more
- 733 reads