youtube.com - 3/19/2009
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Rep. Alan Grayson asks AIG CEO Edward Liddy to name the employees of AIG who managed the credit default swap business that destroyed the company. At first L...
AIG's Liddy Testifies On Capitol Hill Wednesday
huffingtonpost.com 3/18/2009 — WASHINGTON — The head of insurance giant AIG goes to Capitol Hill this morning, where he'll reluctantly defend millions of dollars' worth of bonuses doled out to employees despite the company's need for a $170 billion government bailout. Edward ...
Edward Liddy-- Longtime Corporate Criminal Spins One In Today's Post
downwithtyranny.blogspot.com 3/18/2009 — Edward Liddy-- best & the brightest? Or a vicious, dangerous predator? I know President Obama's Stimulus Package favors "shovel ready" construction jobs but he would be doing the capital, and anyone interested in politics anywhere in the country, ...
That'll Work
talkingpointsmemo.com 3/18/2009 — AIG CEO Edward Liddy: We'll ask the bonus recipients to give half the money back.
Late Update : If being paid a $1 a year as CEO shields Liddy from serious criticism and being held accountable, then let's pay the guy a real salary. It'd be worth a ...
But Who Controls The Teleprompter?
justoneminute.typepad.com 3/19/2009 — The WaPo tries to put together a timeline of when Geithner learned of the AIG bonuses while overlooking the interesting Liddy testimony fro the hearing: LIDDY: Yeah, I don't have a comment on that. I talked to the Treasury secretary...
The boldest experiment in banking history
balloon-juice.com 3/19/2009 — From TPM :
AIG CEO Edward Liddy: We’ll ask the bonus recipients to give half the money back.
It’s hard not to think of the scene from the Alberts Brooks classic “Lost In America” where Brooks asks a casino to give ...
Leave The People Who Destroyed the World Economy Aloooooonnnnnne
lefarkins.blogspot.com 3/19/2009 — Ezra notes that "it's really worth distinguishing what are two separate arguments. The first is that we can't claw back the bonuses. That's what outside counsel told AIG Chairman Edward Liddy (Liddy was appointed by the government in 2008 and will not ...
Fox in Henhouse: Kanjorski Chairs AIG Hearing
firedoglake.com 3/19/2009 —
( Note : FDL liveblogging of today's AIG hearings continues .)
Rep. Paul Kanjorski opened today's questioning of Edward Liddy with a jaw-dropper: Kanjorski knew the bonuses were coming after numerous discussions with Liddy. He says he ...
AIG Chairman’s Overwhelming Cluelessness
blog.thehill.com 3/19/2009 — AIG Chairman Edward M. Liddy gets the Creep of the Week award for his stunning, overwhelming, dumbfounding display of cluelessness.
Liddy not only awarded $165 million in bonuses to the very AIG employees whose risky speculation in credit default ...
Edward Liddy Avoids The B-Word —
Politics on HuffingtonPost.com
AIG CEO Edward Liddy, facing tough questions from a congressional panel reviewing the government-subsidized firm's $165 million in bonus payments, said the insurance giant only handed out that money to retain key staff at its disastrous financial products division. He refused, quite noticeably, ...
AIG's Bonus-Takers —
The Corner on National Review Online
Barney Frank just asked Liddy that the names of AIG bonus recipients be made public, and he said he would subpoena the names if Liddy does not comply voluntarily. Liddy's response is that he fears for the employees' safety if their names are made known.
AIG Chairman Spins —
The Democratic Daily
AIG Chairman Edward Liddy is testifying today before a House Panel on the AIG bonus debacle that has created a firestorm of anger throughout the nation. In anticipation of his House testimony, Liddy penned some sort of mea culpa for the WaPo trying to spin his way out of the debacle.
And ...
AIG CEO faces Congress on bonus outrage right now —
Top of the Ticket
If you turn on your TV, (we are watching CNN), you can see AIG Chairman and CEO Edward Liddy being treated as a piñata by a Congressional panel. In his opening statements, according to the Associated Press , Liddy told the House Financial Services panel: We are meeting today at a high point of ...
Kanjorski Video: Bonus Issue Known For Weeks —
Politics Daily
This is big in the whole AIG bonus fiasco. Paul Kanjorski (R) is claiming here that he's been trying to communicate with the treasury department about the bonus issue "at least six or seven times" at 1:21 in the above video with more detail at 4:30. Wow.
Most of Kanjorski's ire ...
The AIG Bonus Debacle —
The Democratic Daily
AIG is paying out more bonuses and they are doing it taxpayers money… Aint that something? First they rob us all blind and then they give themselves all a bonus and ship some overseas too.
Robert Kuttner ( emphasis mine ) speaks for me:
In defending the AIG bonuses , CEO Edward Liddy ...
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