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The reason the shareholders were hurt were because of the mismagement and greed of AIG top brass themselves.

GRRRRR

When the time comes for stringing up on lamposts, these execs should be first in line.

1 posted on 01/12/2013 7:46:39 AM PST by Lorianne
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To: Lorianne
The very first time I saw that ad, I boiled in anger.

I know (or suspect) a little about Madison Ave., and I immediately saw, not AIG thanking America, but the actors/actresses in that ad represented the top brass saying thanx for kneeling down ... now swallow bitch.

Crude imagery?

Yep ... and it pisses me off

2 posted on 01/12/2013 7:52:43 AM PST by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Lorianne

You can’t sue America. We need headline control more than gun control.

By the way, we have no real idea what went on behind closed doors when the government pretended the sky was falling in 08. This bailout wasn’t TARP, right? Which wasn’t very clear on terms, either, and I think majirly shifted focus a few dozen times after the law which no one actually teas was passed. But the direct Fed bailouts were even nuttier. Remember when Paulson and Bernanke were literally threatening martial law?

Should’ve tarred and feathered them instead of occupying Wall Street.


3 posted on 01/12/2013 7:53:17 AM PST by Tublecane
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To: Lorianne
When the time comes for stringing up on lamposts, these execs should be first in line.

And the execs from UBS should be next in line for a necktie party.

4 posted on 01/12/2013 7:55:46 AM PST by Sirius Lee (All that is required for evil to advance is for government to do "something")
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To: Lorianne

You are reacting as they wish. Your time line is much too short. Your view too narrow.The blame should be directed to the puppet masters who run the criminal enterprise that is the Democrat party. .

Hank Greenberg is the one suing the government for stock losses on AIG stock resulting from misguided meddling. He was the CEO/Chairman. He was discredited and ousted by Eliot Spitzer.

The actions of the zealot New York Attorney General discredited Mr Greenberg forcing loss of control. The company was taken over by Eurocrat apparatchiks that transformed the company such that it insured the tranches of bad loans securitized and peddled all over the world. The forceful takeover of AIG enabled the housing loan debacle.

Mr Spitzer’s reward was governor of New York. He pissed off old Hank who spent a trifle of his billions learning and then exposing the fact that the Governor was in fact Client #9 of a Washington DC prostitution company

Day before yesterday AIG declined to become part of the suit. Old Hank in court is going to expose all the Eurocrat chicanery.

There will be no settlement....... he has more than enough money and is intent on exposing the whole Dodd Frank economic terror. Like Eliot Spitzer, the day of the Queeah from Massachuttes, Barney Frank, is coming

BTW.....The new regulations on bank loans are an admission of failure by the puppet masters.


5 posted on 01/12/2013 7:59:08 AM PST by bert ((K.E. N.P. N.C. +12 .....The fairest Deduction to be reduced is the Standard Deduction)
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To: Lorianne

Isn’t AIG owned by brits


13 posted on 01/12/2013 9:57:46 AM PST by I got the rope
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