BuzzFeed
aig
-
Link: In U.S. Bailout of A.I.G., Forgiveness for Big Banks
http://www.nytimes.com/2010/06/30/business/30aig.html?par...
![[link]](http://s3-ak.buzzfed.com/static/images/public/icons/external-link2.png)
Documents indicate that federal regulators ignored recommendations to force banks that did business with A.I.G. to accept losses on the deals.
-
Link: Davis Polk and Feds Almost Let AIG Go Bankrupt
http://www.google.com/trends/hottrends?q=davis+polk&d...
Emails have been released showing that the Feds and Davis Polk & Wardwell LLP, who are bankruptcy attorneys, considered letting insurance giant AIG go bankrupt, even after they had received more than $100 billion in government payments.
-
Image: AIG Easter Egg Hunt
A lovely street art tribute to AIG just in time for Easter. Don't worry - I'm sure that guy is planning on sharing his Easter eggs with the unhappy children once he's done celebrating.
-
Link: Dear A.I.G., I Quit
http://www.nytimes.com/2009/03/25/opinion/25desantis.html...
Today's AIG populist outrage takes the form of a resignation letter published in the NYT. I have a hard time reading this as anything but opportunistic (and slightly slimy). I have a feeling I'll be shouted down on that one.
-
Image: What's This AIG Exec Wearing?
You'll never guess. Gerry Pasciucco (formerly of Morgan Stanley) currently heads AIG's disgraced Financial Products division (yup, the one that caused all that trouble). I can't decide whether this is humorously ironic or frighteningly deluded.
-
Link: F*ck AIG
http://news.yahoo.com/s/ap/20090317/ap_on_go_pr_wh/obama_...
Everyone is upset at AIG over these bonuses, but Senator Charles Grassley wins for his comment that AIG executives should commit suicide to prove that they are really, really sorry for what they did. We think he was joking.
-
Link: Obama Will Block AIG Bonuses
http://www.nytimes.com/2009/03/17/us/politics/17obama.htm...
President Obama is ordering Treasury Secretary Geithner to “pursue every single legal avenue” to prevent AIG from paying bonuses to its executives.
-
Link: Obama will try to block executive bonuses at AIG
http://us.rd.yahoo.com/dailynews/rss/mostemailed/*http://...
Obama says he intends to stop AIG from paying out millions in executive bonuses. Because he is a SOCIALIST.
-
Link: A.I.G. Lists Banks It Paid With U.S. Bailout Funds
http://www.nytimes.com/2009/03/16/business/16rescue.html?...
Among the biggest recipients were Société Générale, Deutsche Bank and Goldman Sachs, all of which were owed money from credit default swaps. Some of them are foreigners!
-
-
Link: Bailout Junkets
http://businesssheet.alleyinsider.com/2008/11/bailout-jun...
It's not just AIG who's getting in on the lavish, taxpayer-funded corporate retreats. Ok, it's mostly AIG. I am with Seth and Amy on this one.
-
Mother Of All Mondays
Business Buzz The U.S. and global markets are reacting to the triple news of Lehman’s bankruptcy, Merrill Lynch’s sale to Bank of America and AIG’s request of a $40 billion bailout from the government. Someone’s got a bad case of the Mondays.
