aig
Here’s some thrilling footage of last Saturday’s much-hyped “bus tour” of various AIG executives’ mansions, in Connecticut. The people on this tour… they do not make as much money as the AIG executives. This frustrates them. So they either read letters aloud or deliver them to the AIG executives’ mailboxes. C’mon, really? At least take [...]
Remember how the derivatives people at AIG got big bonuses last week and everyone went nuts including the House which ran around trying to tax everything? Uhh: “Attorney General Andrew M. Cuomo of New York announced late Monday afternoon that 9 of the top 10 bonus recipients at the American International Group had given back [...]
When historians look back on the collapse of the global financial system in 2008 and 2009, they will find a single culprit. It won’t be the completely asymmetric system of risk and reward that compensated executives and traders handsomely regardless of whether they made or lost billions, nor will it be a 30-year trend in [...]
Populism, hurrah! There are now “Bus Tours of AIG Executives’ Mansions,” in Connecticut. Your tour guide? Chris Dodd, maybe! This will show these wretched villains! Here is the live video. [BoingBoing]
The popular New York City blog Gawker has posted this leaked memo to the staff of AIG, about the things they should do to avoid their immediate death when in public. It includes such oldies as “If you think you are being followed, immediately dial 911.” But why does AIG management assume that the police [...]
Goddammit. We began this week fueled by the fires of righteous indignation that those AIG twats were getting money, any money at all, from the government or anybody else, regardless of when it was awarded or for what purpose, because seriously what a crowd of worthless cocks. But now just several days later, our House [...]
Really, this rigmarole about Chris Dodd being the lyingest liar of liars who is responsible for the AIG bonuses because he took money from their contributors before the company broke down is… weak. Trite even!
This will learn ‘em good: The House of Representatives just passed this “tax those fancy stockjobbers at the 90% rate” legislation, which means the federal money used to pay off these bailout bitches will now be taxed at 90% — if the bonus-getter’s income is over $250,000, so Joe the Plumber is still safe from [...]
THESE GODDAMN PEOPLE: Chris Dodd admits to writing the bonus loophole that allowed AIG to give out all of these bonuses, but uhhh the Treasury made him do it, which he wouldn’t have done otherwise, but hey it still happened. OPEN THREAD. [Huffington Post]
Here, watch this, and maybe you too can someday see why it is funny to tag the AIG flogging liveblog with “bonus army.” Ugh.
Anybody else feeling some rage fatigue here? Some congressional grilling fatigue? Anyone else just want to rent out the world’s biggest Dumpster and put in it every financial goon whose name has made the front page of the New York Times in the past 24 months? Well, that’s what the ‘Tussin is for. A few [...]
Rendered in delightful AOL wingnut allcaps. The remarks are brief and uninformative and do not go into any great detail about the bonus scandal besides saying, “Compensation, we are looking into it.” [House of Representatives (PDF)]
Poor Eddie Liddy has to work for AIG for $1 a year and spend all his time defending the doofuses who thought it was a good idea to pay their employees hundreds of millions of dollars to fail. Watch him squirm in front of the House Financial Services subcommittee in just a few minutes, as [...]
