washingtonpost.com - 3/19/2009
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online.wsj.com - 3/16/2009
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online.wsj.com —
Troubled insurer American International Group Inc., now 80%
owned by U.S. taxpayers, spent the weekend deflecting mounting...
criticism of how government funds have been funneled to various banks and used to pay employee bonuses at the business unit ...
(more)
AIG Faces Growing Wrath Over Payouts
washingtonpost.com - 3/19/2009
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washingtonpost.com —
By Brady Dennis Washington Post Staff Writer Thursday,
March 19, 2009; C01 WILTON, Conn., March 18 --...
A solitary flat-screen television hangs on the back wall of the trading floor inside the headquarters of AIG Financial Products here. Wednesday ...
(more)
Inside AIG-FP, Feeling the Public's Wrath
corner.nationalreview.com - 3/20/2009
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corner.nationalreview.com —
The Washington Post's Brady Dennis went out and
got the other side of the story: A sense...
of fear hung in the room -- the palpable, unsettling kind that flashes across people's eyes. But there was anger, too. No one would express it publicly, of ...
(more)
Inside AIG
Comments
Blog Reactions
Congress Does Something
The Mahablog —
... At the Washington Post, Brady Dennis writes about the bonus babies of AIG, huddling in their office building feeling misunderstood. ...
Inside AIG
The Corner on National Review Online —
... ] The Washington Post's Brady Dennis went out and got the other side of the story : A sense of fear hung in the room the palpable, unsettling kind that flashes across people's eyes. But there was anger, too. No one would express it publicly, of course. Who wants to hear a wealthy financier complain? And yet, within those walls off Danbury Road lies a deep sense of betrayal first by their former colleagues, now by their elected leaders. The handful of souls who championed the firm's now-infamous credit-default swaps are, by nearly every account, long since departed. Those ...
AIG Circling the Drain?
Daily Pundit —
[Editor’s note: This comment, posted by Alfred Centauri, deserves a post of its own, so I’m giving it one.]
It’s essentially academic now, IMHO.
Bill, in an earlier post you wrote that the affected AIG employees should all just leave.
Apparently, they feel that way too.
A sense of fear hung in the room — the palpable, unsettling kind that flashes across people’s eyes. But there was anger, too. No one would express it publicly, of course. Who wants to hear a wealthy financier complain? And ...
INSIDE A.I.G., A SENSE OF BETRAYAL:
Who wants to hear a wealthy financier complain? And yet, with…
Instapundit —
INSIDE A.I.G., A SENSE OF BETRAYAL:
Who wants to hear a wealthy financier complain? And yet, within those walls off Danbury Road lies a deep sense of betrayal — first by their former colleagues, now by their elected leaders.
The handful of souls who championed the firm’s now-infamous credit-default swaps are, by nearly every account, long since departed. Those left behind to clean up the mess, the majority of whom never lost a dime for AIG, now feel they have been sold out by their Congress and their president.
“They’ve ...
Friday morning links
Maggie's Farm —
... what if not saying "God" is offensive to me?
Where are the war crime accusations against the Palestinians?
Discussion of the quantitative easing. Cowen. My ignorant view? Banks will take the money and hoard it to recapitalize. Who wouldn't?
Not in my neighborhood. Admin considers releasing Gitmo guys in the USA. Just one more reason to have an armed home.
The WaPo took a ride to CT to get the other side of the AIG story. h/t, NRO
In case you don't know ...
Mine Was A Scientist’s Aurobiography That Went Out Of Print In The 60’s, But I’m Weird That Way
Balloon Juice —
... Sadly, yesterday I spent most of the day looking for time to write a four paragraph post and still almost got in trouble with the boss twice. In the end I decided that it was pedestrian and deleted it (shorter version: I wonder why UAW line workers who saw their contractually guaranteed pensions hosed did not get a front page tongue bath at the Washington Post). It looks like these days the best that I can do is steal quotes from around the internets. ...
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I Get the Feeling...
confederateyankee.mu.nu 2/20/2009 — ...that Barack Obama won't be happy until he does to our economy what Chris Brown did to Rihanna. As if Carter II wasn't causing enough mayhem on his own by spreading FUD about the economy, his Treasury Secretary—that genius who...
Agape With Wrath
washingtonpost.com 3/3/2009 — Apparently John McCain was operating under a 120-day cooling-off period.
Teleprompters, Persistence and A Defense of AIG FP
swampland.blogs.time.com 3/25/2009 — 1. My story on last night's press conference, "Obama's Persistent Presser: Message Accomplished," is here .
2. An employee from AIG FP speaks . And he has a point. As I have asked before, Where in the World is Joseph Cassano? He is, by most ...
Rep. Manzullo Unleashes Wrath Over AIG (video)
youtube.com 3/24/2009 — Rep. Donald Manzullo (R-IL) grilled Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke over the fallout stemming from insurance gi...
AIG
yglesias.thinkprogress.org 3/19/2009 — Maybe this is stupid, but couldn’t the administration just . . . not pay the AIG bonuses? As in, rather than direct Tim Geithner to find a way to not pay them, just order AIG to not pay them. Order first. Let the AIGsters sue. Then while the ...
Obama On Public's Anger At Wall Street
cbsnews.com 3/21/2009 — Also Tells 60 Minutes He Wouldn't Accept Tim Geithner's Resignation Even If Offered Comments Comments 84 March 21, 2009 (CBS) In his longest interview since taking office, President Barack Obama tells 60 Minutes correspondent Steve Kroft that New ...
AIG FP Chief: Taxpayer Ire Over Bonuses "Probably Hurt Taxpayers"
tpmmuckraker.talkingpointsmemo.com 4/13/2009 — Last month AIG Financial Products head Gerry "Che" Pasciucco met with employees of the unit that took down the economy, and relayed a request from upper management that they return those controversial "retention bonuses," adding that he felt the ...
Back To AIG
talkingpointsmemo.com 3/5/2009 — As reported earlier today, AIG -- which is already 80% owned by the US government -- is poised to go back to the government trough for more money.
(Remember, we've already committed roughly $150 billion to AIG.)
So I want to come back again ...
AIG - AIG News Articles
newser.com 3/18/2009 — What is Newser? Face it: there's too much news. At Newser, we choose the most important stories from hundreds of US and international sources and reduce them to a headline, picture, and two paragraphs. And we do it 24/7 you can come back morning, ...