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Famed Boston Red Sox pitcher-turned-conservative commentator Curt Schilling said Tuesday that American International Group (AIG) had cancelled his insurance plan due to his "social media profile." "We will be just fine, but wanted to let Americans know that @AIGinsurance canceled our insurance due to my 'Social Media profile,'" Schilling said on Twitter. Schilling shared a screenshot purportedly showing an AIG employee telling him that while they appreciate that he's been a "long time AIG client since 2004" "it was a management decision that was made collectively between underwriting and marketing teams that could not be overturned."

Conservative Commentator Says AIG Canceled His Insurance Over His Social Media Posts Deplatforming reaches new heights of absurdity. Conservative commentator and former baseball star Curt Schilling says that AIG canceled his insurance policy over his “social media profile,” a new level of deplatforming not yet seen. “We will be just fine, but wanted to let Americans know that @AIGinsurance canceled our insurance due to my “Social Media profile,” tweeted Schilling. “The agent told us it was a decision made by and with their PR department in conjunction with management,” he added. [rest at link]

WASHINGTON -- The Securities and Exchange Commission tapped Goldman Sachs Group Inc. executive Adam Storch on Friday to serve as the agency's first-ever chief operating officer of the enforcement division. The new hire represents the latest personnel change at the SEC in its effort to improve its operations following its failure to detect Bernard Madoff's massive Ponzi scheme. Enforcement Division Director Robert Khuzami created Mr. Storch's position of managing executive as part of the major re-structuring effort he announced earlier this year. Mr. Storch will oversee division operations that include budget, information technology and administrative services. He will also supervise...

Recently dismissed U.S. Attorney for the Southern District of New York, Preet Bharara, is suddenly being celebrated as an aggressive warrior in the fight against Wall Street corruption. Really? You could’ve fooled me. Perhaps I was in a coma when a string of big bank executives were arrested and sent to prison. No, what actually happened is one of the most powerful attorneys in the nation came up with a mealy-mouthed, cowardly rationale for why he let these financial thieves off the hook. Crain’s reports: Bharara was nowhere to be found when it came to charging the top executives whose...

Nearly four years later, Boyle’s widow, Pauline, has not been told definitively by the Defense Department how he died, which she believes is a result of fratricide resulting in insurance fraud facilitated by the DOD. Several online obituaries do not state the cause of his death. On June 21, 2012, The Chicago Tribune reported that Boyle “apparently died from gunfire.” “I have three death certificates that have three causes of death,” Boyle’s wife Pauline told The Post & Email in a recent interview.

big donations from Wall Street to Bush's super PAC Right to Rise dropped by 85 percent in the second half of 2015. Funding would've plummeted to 95 percent if not for the $10 million gift from former AIG CEO Hank Greenberg. . . Wall Street donors now appear to be backing Sen. Marco Rubio and Ohio Gov. John Kasich.

Billionaire businessman Maurice "Hank" Greenberg backed away from an alleged $10 million contribution he was said to have made to a PAC affiliated with the presidential campaign of former Florida Governor Jeb Bush.

Five years after President Obama signed it into law to address America’s financial crisis, the Dodd-Frank Act and the federal regulations that followed from it are relatively unknown by at least one-third of normal Americans. At the Heritage Foundation last Wednesday, University of Virginia Law School dean Paul Mahoney pointed out how Dodd-Frank allows a class of creditors to have access to their funds when a bank is going bankrupt. Short-term creditors, who often “run for the exits” when a crisis emerges, can now can “get access to all their funds” under Dodd-Frank. Usually, all creditors would have to wait...

Earlier today, former AIG head Hank Greenberg's long-running legal battle of the US government came to a dramatic end when in a 75-page ruling, U.S. Court of Claims Judge Thomas Wheeler found that Greenberg was indeed correct in claiming the government overstepped its legal boundaries in its "unduly harsh treatment of AIG in comparison to other institutions" which was "misguided and had no legitimate purpose." But because “the question is not whether this treatment was inequitable or unfair, but whether the government’s actions created a legal right of recovery for AIG’s shareholders" Wheeler found that Greenberg was not owed any...

A court ruled Monday that the federal government was “unduly harsh” in its takeover of AIG during the financial crisis, but refused to award the company’s former head any damages. The ruling draws to a close the high-profile lawsuit against the federal government, brought by Maurice "Hank" Greenberg, the former head of the insurance giant, and other AIG shareholders under the umbrella of Starr International. In his ruling, Judge Thomas Wheeler determined the federal government violated the Constitution by stepping in and effectively seizing the insurance company during the crisis, even if the takeover was intended to save the company...

NEW YORK -(Dow Jones)- New York businessman and prominent Democratic fund- raiser Hassan Nemazee was indicted Monday for allegedly defrauding three banks out of $292 million in loans. Nemazee, 59 years old, was charged with aggravated identity theft and three counts of bank fraud in the indictment. Each bank fraud count carries a term of up to 30 years in prison. A lawyer for Nemazee didn't immediately respond to a request for comment. Nemazee, who was involved in various presidential campaigns and once served as finance chairman of the Democratic Senatorial Campaign Committee, was initially charged criminally in August related...

A number of well-known brands disappeared in the last year in large part due to economic forces. Many of them were in the retail industry, led by Circuit City. ATA and Aloha airlines are gone. Gateway Computers has effectively disappeared after being bought by Acer. It still has a website, but the brand is no longer marketed. As the recession deepens and stretches out quarter after quarter, more companies will close or will shut divisions. More brands will disappear because their parents firms fold or can no longer afford to support them. Other brands will be obliterated by mergers. 24/7...

As the recession deepens, economic forces continue to drive consolidation in the retail industry, debt comes due and increasingly discerning consumers buckle down on discretionary spending, an analysis by 24/7 Wall Street predicts that a number of well-known brands are likely to disappear before the end of 2010. To determine which brands are most likely at risk, 24/7 Wall Street examined 100 large brands it believes are in trouble and, for each, looked at public financial records, sales information, analyses from industry experts, the competitive landscape in each’s industry and the likelihood that a brand could be sold off in...

The 2008 government bailout of American International Group Inc. was specifically designed to punish the insurance giant, former Treasury Secretary Henry Paulson said in U.S. court Monday. The $85 billion loan package extended to AIG — then reeling from the financial and housing crisis — gave the government control of 80 percent of its stock. Unlike other major financial firms rescued in the middle of the worst economic downturn in roughly 80 years, Paulson said that AIG shareholders should have faced punishment for their troubled balance sheet as part of any rescue.

I’ve gone through only the first day of testimony from the AIG bailout trial, and we are already up to our third bombshell. The first witness called by the plaintiff, Starr International (an investment vehicle controlled by Hank Greenberg), was Scott Alvarez, general counsel for the Federal Reserve Board of Governors. Part of the testimony covered a discussion that took place late in the evening of September 15, the day Lehman declared bankruptcy in the wee hours of the morning. The topic was AIG. The participants included Alvarez, Timothy Geithner, Fed governors Don Kohn and Kevin Warsh, Ken Wilson, a...

Imagine you have a friend who drinks a lot and often. Until now, they always seem to have a good time. He tells the best stories, gets all the girls. He’s the life of the party. Then, one day, he wrecks his car. And you and some buddies, who happened to be in the neighborhood, see your pal trapped. Of course, you rush to the rescue. You try to break open the door with a tire iron. Ultimately, you smash the window and pull the poor fellow out. And just when you’d think this guy would sober up and see...

Timothy Geithner, a key player in the U.S. government’s 2008 bailout of American International Group Inc., is due back in court Wednesday in a trial of a lawsuit filed by the insurance giant’s former CEO over the handling of the rescue. On Tuesday, Geithner affirmed his belief that the bailout was needed to avert disaster for the financial system. Geithner was president of the New York Federal Reserve at the time of the rescue and later Treasury secretary. …

Creation Museum CEO and President Ken Ham responded to what he called an "anti-creationist rant" by MSNBC host Rachel Maddow, who criticized the $43 million in Kentucky tax incentives being given to his ministry's full-sized Noah's ark attraction. "Rachel Maddow just went on a long anti-creationist rant on MSNBC (for anyone who still happens to watch low-rated MSNBC) as she commented on the Creation Museum's new Allosaurus fossil (she showed photos of our new exhibit)--then she mocked our Ark Encounter project--actually spent quite a lot of time mocking and scoffing, and totally misrepresented how the construction of the Ark is...

The Creation Museum in Kentucky is a treat for the whole family.Answer in Genesis (AIG) built its Creation Museum in 2007 and has now counted its two millionth visitor. Not far from the Cincinnati airport, and within a day’s drive of almost 2/3 the US population, the 70,000 square foot facility is located on spacious grounds that offer enough opportunities to keep children, teens, college students and adults occupied for a good two days. Now, AIG is embarking on an even more ambitious project: Ark Encounter, on a separate property, that will feature a full-size Ark, a Tower of...

Ken Ham of the Creation Museum has taken to Facebook to address criticism over Answers in Genesis' multimillion dollar project to build a life-sized replica of Noah's ark, explaining why the money isn't going to feed hungry people instead. "I haven't yet seen any articles/blogs/posts directed at Paramount about the $300 million dollars (over 4 times more than the Ark project), they spent on a fictional movie only for entertainment – why aren't they being told by the same people they should be spending this money on feeding the hungry," Ham wrote in a post on Monday, referring to the...