aig
Cramer on AIG Disaster
Cramer: The Market's Fate Rests With AIG Jim Cramer explores the two possible scenarios for AIG and the ramifications of both.
Why Help AIG?
Lawmakers grill Interim Assistant Secretary of the Treasury for Financial Stability Neel Kashkari on why they should give institutions like AIG more money.
Fmr AIG CEO Sues for More Taxpayer Money!
Former AIG CEO Maurice Greenberg is suing because he doesn't think the almost $70 billion in taxpayer money spent bailing out AIG was enough. The Young Turks host Cenk Uygur explains. Source: thinkprogress.org Subscribe to The Young Turks: bit.ly The Largest Online New Show in the World. Google+: www.gplus.to Facebook: www.facebook.com Twitter: twitter.com
Appetite is Back for AIG Bonds
Two bundles of bonds that once helped sicken AIG now have Wall Street salivating, Matt Philips reports on Markets Hub.
Obama Hits the AIG Spot: SuperNews!
Obama, Biden, Hillary and top cabinet members resort to drastic measures to deal with the AIG problem. Watch more SuperNews! www.current.com www.facebook.com VIEW more Obama videos & SUBSCRIBE to the YouTube playlist here... www.youtube.com
US Government May Make $15B on AIG
(Image: Daily Portal) BY DAVID EARL Back in 2008, the US government entered the private insurance business after it bought out AIG -- yet another victim of the financial crisis. Four years later, the taxpayers stand to make a pretty penny on that bailout. To the tune of, well, we'll let News 12 tell you ... "A congressional watchdog says the US government stands to make $15 billion on the bailout of insurer AIG. You'll recall AIG was bailed out because of its exposure to the mortgage market during the housing meltdown." There are a couple caveats the Government Accountability Office points out... "The actual repayment of the remaining assistance continues to depend on AIG's long-term health, the timing of Treasury's sale and the share price of AIG stock, among other things." But still. A $15 billion profit -- on a very unpopular $165 billion rescue package? That's a 9 percent return. Mad Money man Jim Cramer sees a bright future for a company that nearly disappeared. "Under the phenomenal leadership of CEO Robert Bemoshey, AIG has gone from an over leveraged, highly complicated financial company to a leaner slimmed down play on life insurance, property and casualty insurance and mortgage guarantee insurance." AIG itself is buying nearly half of what the government sells in an effort to cut the numbers of outstanding shares. And a financial analyst told the the Business News Network that's a sign that investors should snap up the available shares. "It's going to increase ...
Banks Now Want Assets Tied to AIG Bailout
A growing appetite for risk is prompting some Wall Street banks and investment firms to show interest in buying the most complex and troubled assets tied to the bailout of American International Group Inc., Colin Barr reports on Markets Hub.
Timmy Geithner ARRESTED for FRAUD!! NY Fed AIG scam $132 billion taxpayer bank bailout.
Judge covers Gietners arrest in NYC. Fed AIG scam. He authorized payment at 100% on the dollar in money to Goldman Sachs for mortgage loan derivitives. He is the first, a lot more people are going to be used as scapegoats for the higher-ups.
AIG: Where is the Taxpayers Money Going? (Part 2)
AIG: Where is the Taxpayers Money Going? (Part 2) - House Oversight Committee - 2009-05-13 - On Wednesday, May 13, 2009, The House Committee on Oversight and Government Reform held a hearing entitled "AIG: Where is the Taxpayers Money Going?" The hearing featured testimony from AIG CEO Edward Liddy. Video provided by the US House of Representatives.
Elizabeth Warren Makes Timmy Geithner Squirm Over AIG and Goldman Sachs Bailouts
We know where Elizabeth Warren was going with the line of questioning and it was about the 13 billion dollars Goldman Sachs got out the back door of AIG. The question to Timmy was; "Do you know where the money went?" The question was not sufficiently answerd. Goldman Sachs and others were not mentioned specifically but Elizabeth framed the question so perfectly as to leave no doubt as to who benefited 100 cents on the dollar from the tax payer on AIG's counter party risk.
your legal gods like AIG. will you take the RFID.
KONY 2012 is a 501c3 charity selling id bracelets. this has Obama Clinton new political campaign all over it. look at the back ground in those vids. now give them your money. in RFID id's. KONY is Ynok = enoch backwards just for fun in our face Sovereign Debt and a Global Chapter 11 www.youtube.com Red Alert mirrored from Sentientmind and Believersunderground BUG www.youtube.com NP Earth Shield CERN TEPCO DUSEL San Onfre NASA Magnetic Field www.youtube.com Incorporation Idol's are gods. wake up this is black magic According to Blacks Law. idol's of greed. When discussing a legal situation, de jure designates what the law says, while de facto designates action of what happens in practice. It is analogous and similar to the expressions "for all intents and purposes" or "in fact." De facto is a Latin expression that means "concerning fact." In law, it often means "in practice but not necessarily ordained by law" or "in practice or actuality, but not officially established." It is commonly used in contrast to de jure when referring to matters of law, governance, or technique that are found in the common experience as created or developed without or contrary to a regulation.
AIG Sues Bank of America
Transcript: (Image Source: CEOWORLD Magazine) BY: JUSTIN WHALEY You're watching multisource business news analysis from Newsy. It's a battle of corporate giants -- with a staggering amount of money on the table. After a two-day stock decline -- its worst since 2009 -- insurance company AIG plans to sue Bank of America over a slew of mortgage securities gone-awry-- and an estimated $10 billion dollars down the drain. Here's the Financial News Network: "According to AIG, Bank of America and its Merrill Lynch and Countrywide financial units misrepresented the quality of the mortgages placed in securities and sold to investors, according to three people, with knowledge of the complaint." According to New York Magazine, the numbers from filed lawsuits are staggering -- "AIG claims that about four out of ten mortgage securities were made to look better than they were by Bank of America, leading to $28 billion in losses during the financial crisis. In lieu of Justice Department prosecutions, investors have filed some 90 lawsuits with demands totaling at least $197 billion." Bank of America isn't AIG's only target. In hopes of recovering lost finances from the recent economic downturn, AIG is preparing similar lawsuits against at least three other financial institutions. The New York Times reports: "The private actions stand in stark contrast to the few credit crisis cases brought by the Justice Department, which is wrapping up many of its inquiries into big banks without filing ...
Jews control US Treasury & American Internation Group (AIG)
Jews control US Treasury & American Internation Group (AIG) yet they only make up less than 2% of the US population. Still not convinced they have a stranglehold on the US yet?
Fight Back: Consumers grievances against RCom and Tata AIG
This week on Fight Back for your rights we take a look at consumers grievances with RCom and Tata AIG
Remember AIG? Well, it's up 20% in a month and looking good.
IBM hits $200! Is this the top for this stock? We will show you a way to measure how far a move can go in today's video. It's not over yet for Crude Oil! Don't let this lull in crude oil fool you. 3 Stocks on the move today: AMERICAN INTERNATIONAL GROUP (AIG), BIG LOTS INC (BIG), and WPX ENERGY INC (WPX). Did MarketClub's Trade Triangle technology get it right on these three stocks?
AIG - Life & Music
Album: Fame Labs Presents: AIG / Darkim Be Allah And Allahwise Year: 2005 Track: 12 Track Produced By: Shakim Samples:
God Tells Rick Perry To Kiss AIG Ass?
From the Majority Report, live MF 11:30am EST and via daily podcast at Majority.FM Rick Perry hears the voice of God in, well, EVERYTHING!
Former AIG Exec Sues US Government Over Bailout
BY JIM FLINK The former head of AIG is suing the federal government -- alleging a breach of the Constitution. It all stems from the 2008 government takeover of the insurance giant. The Los Angeles Times has a summary... "Former AIG CEO Maurice "Hank" Greenberg's current company — Starr International — filed lawsuits Monday in federal courts against the Treasury Department and the Federal Reserve Bank of New York. The suits accuse the government of taking valuable assets from AIG's shareholders without their consent or fair compensation, in exchange for the government's 80% stake in the company." Which, Greenberg claims, is a violation of the Fifth Amendment. On a roundtable on The Wall Street Journal, reporters note, it's not a new argument. But it continues to be a volatile one. "And of course the government, Tim Geithner and Ben Bernanke and various people, obviously their view was 'we have to do something to save the financial system.' And what Mr. Greenberg's company is saying in this lawsuit today is 'that's a fine aim, it's a fine aim to preserve the financial system, but the Constitution does not permit you to do what you did.'" Bloomberg Businessweek talks with the Treasury Department's assistant secretary for stability who says, not only was the government's takeover legal, it was necessary. "It is important to remember that the government provided assistance to AIG -- and stopped it from collapsing -- in order to prevent a meltdown of the entire global financial ...
The Fed is selling American International Group (AIG) are you buying?
The Fes is selling this stock. Should you be selling with them or buying? Have a look at this video to get my take. If you like what you hear and want to learn some trading strategies, please visit us at www.stockchartcents.com and sign-up for your FREE daily video. Members --We will take a look at where the market is and where it might be going next. We are looking at different sectors as well as some stocks that appear to be at good buy points. Also, I got you a little $7 stock that seems like it wants to take off. I don't teach Day trading or provide you with any Penny Stock ideas, but if you are interested in day trading or penny stocks, please check out these two sites. They just might be what you are looking for. Day Trading site: tinyurl.com Penny stocks site: tinyurl.com
AIG attempted to hide bailout documents
Treasury Secretary Tim Geithner is expected to face intense questioning on Capitol Hill later this week as more information comes to light on the US government's bailout of AIG. Will heads roll over the controversy, or is it just another example of how nothing has changed between the Bush and Obama Administrations?
AIG Hearing with Geithner & Bernanke
Rep. Bachmann questions Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke regarding AIG and federal bailout programs.
REP. GARY ACKERMAN: AIG "SNAKE OIL SALESMEN" 03/18/09
Rep. Gary Ackerman at House financial Services subcommittee hearing claims AIG was selling "snake oil" with nothing in the bottle. He tells a funny joke to describe what a "credit default swap" is. 'Two men are in a life boat in the middle of a storm. One man says he is scared so the other one sells him some insurance.' His basic point here is that AIG was selling insurance with nothing to back it up. The people who created these financial instruments called them "swaps" to avoid regulation. If they were called "insurance" they would have been regulated by the government. He also compared credit default swaps to "I can't believe it isn't butter." Hearing was labeled Federal Aid to AIG Insurance. Those being questioned were Joel Ario, National Association of Insurance commissionaers. Rodney Clark from Standard and Poors rating agency. Scott Polakoff Office of Thrift Supervision (OTS)
AIG Collapse and Rescue, Trustees
AIG Collapse and Rescue, Trustees - House Oversight Committee - 2009-05-13 - Product 286309-4-DVD - House Committee on Government Reform and Oversight. American International Group (AIG) trustees testified about the use of public bailout funds by the company and previous claims that all or most of the funds would be returned to the government. Among the issues addressed were the levels of transparency for company operations, the pace of restructuring, and the role of the government-appointed oversight board. Filmed by C-SPAN. Non-commercial use only. For more information see www.c-spanvideo.org
AIG POSTCARD FROM EXECUTIVES
PLEASE DIGG, STUMBLE & BUZZ if you like the video. digg.com buzz.yahoo.com www.stumbleupon.com This is some of my personal feelings about all this nonsense with how the Politicians Give a company money and they always just happen to put a loophole for the executives to get bonuses and then they act all outraged off when they take the money that the politicians give to them in the first place. This charade has to be called out and the American taxpayers and citizens need to wake up and realize that they are being duped by both the Government and all these corporations like AIG, Bear Sterns, Bank of America and the Auto Makers. This is not going to end. There are trillions of dollars more coming in the next few years and by the time the current administration realizes (like they dont already) that this doesnt work. Or more correctly put PROVEN that their plan did not work, it will be to late and everyone will lose almost everything. Open Secrets dot org URL: www.youtube.com This is not a real post card or letter. This is just my feelings on this subject. I have a feeling that this is about as close to the truth as you are going to get on this subject. In both how it started and how it will eventually pan out. The bottom line is the corporations are getting billions while the taxpayer is getting the bill. That is a FACT!
Wife of AIG Exec To Taxpayers: "It's Our Bonus Now, Suckers!"
Gina, wife of Ted explains why they "CAN'T" give the money back. From voiceover actress/writer/producer Rosemary Watson. See www.rosemarywatson.com ---"Fast emerging as America's leading Hillary impersonator" The Telegraph (UK) "Better Than SNL?" The NY Times ------------------------------------------------------------------------------ Please subscribe to my channel or get on the 'list' by writing to me at rosemary@rosemarywatson.com
Economy Bailout Song: AIG, Freddie Mac, Lehman Bros
LYRICS, mp3 Below!!!! mp3 (under "Bsides"): rhettandlink.com Thanks to MicroBilt!! www.microbilt.com LYRICS I used to think that Freddie Mac was a pimp, but now my mutual fund is the one walking with a limp And Fannie Mae, you almost failed me, boo --But the faithful feds, they bailed you. Poor Lehman Brothers....yall got the shaft (shaft!) The government said, good luck with that (shaft!) And AIG, old Uncle Sam he loaned you 85 Billion, but now he owns you. Some cry out, Weve become a socialist state! While others say, We need to regulate. Should I vote McCain or pull the lever for O-bama? Im thinkin either way, Ill be movin back in with momma. (but the cookins good---and I think shell drive me to work) You see, I dont have much job security Im an internet comedian...Im not sure thats even technically a job. I dont think it is. I cant put my finger on it; but you know things have gone wrong when I cant even afford to finish this...
Show of Hands - Arrogance Ignorance And Greed (AIG)
Show of Hands - Arrogance Ignorance And Greed. To buy this track go to itunes.apple.com All I wanted was a home and a roof over our heads Somewhere we could call our own feel safer in our beds There was a storm of money raining down it only touched the ground With a loan I took I cant repay and the crock of gold you found At every trough you stopped to feed With your Arrogance Ignorance And Greed.
Geithner's crimes through AIG : will the truth come out?
Max Keiser and Stacy Herbert and Webster Tarpley talk about AIG being used by Tim Geither to line in the pockets of Goldman Sachs and others recorded on October 31th 2009 . www.bloomberg.com New York Feds Secret Choice to Pay for Swaps Hits Taxpayers By Richard Teitelbaum and Hugh Son Oct. 27 (Bloomberg) -- In the months leading up to the September 2008 collapse of giant insurer American International Group Inc., Elias Habayeb and his colleagues worked nights and weekends negotiating with banks that had bought $62 billion of credit-default swaps from AIG, according to a person who has worked with Habayeb. Habayeb, 37, was chief financial officer for the AIG division that oversaw AIG Financial Products, the unit that had sold the swaps to the banks. One of his goals was to persuade the banks to accept discounts of as much as 40 cents on the dollar, according to people familiar with the matter. Among AIGs bank counterparties were New York-based Goldman Sachs Group Inc. and Merrill Lynch & Co., Paris-based Societe Generale SA and Frankfurt-based Deutsche Bank AG. By Sept. 16, 2008, AIG, once the worlds largest insurer, was running out of cash, and the US government stepped in with a rescue plan. The Federal Reserve Bank of New York, the regional Fed office with special responsibility for Wall Street, opened an $85 billion credit line for New York-based AIG. That bought it 77.9 percent of AIG and effective control of the insurer. The governments commitment to AIG through ...
BO Film "Intouchables" - Ludovico Einaudi - L'Origine Nacosta
BO du Film "Intouchables" - Ludovico Einaudi - L'Origine Nacosta
AIG Executive Talks
Jackie and Dunlap express America's outrage over the AIG bonuses in their interview with one of the most hated men in America... Shimmysham the AIG Dummy. Let your Jackie Flag fly! Join the RSU community at redstateupdate.com
McCotter Slams those Protecting AIG Bonuses in Voting for Stimulus Bill
Rep. Thaddeus McCotter slams AIG stimulus protections passed in partisan stimulus bill
Show Of Hands - Arrogance Ignorance and Greed (AIG)
Live on The Andrew Marr Show Sunday 6th February 2011
AIG- Bronx War Stories
Good Hood video from "Allah Is God" straight out the Wu fam. Peep [url]s10.invisionfree.com for more Wu shit
AIG needs more bailout money?
After seemingly turning its financial situation around for the better, insurance company AIG is reported to be facing big problems, yet again. Apparently the billions in government bailout money didnt help. Now there are reports that AIG wants even more money from the American taxpayer.
10/7 AIG Executives Scandal $500K Spa Resort Vacation Party
TimothySykesExposed.com Are You Tired Of Corporate Scandal? Where Is Your October 7, 2008 Insurance Hearings Lynn Turner (ex SEC chief accountant) Eric Dinallo - NY Regulator Cummings (D-MD) 10/7 AIG Executives Scandal $500K Spa Resort Vacation Party after Bailout! WASHINGTON (AP) — Days after it got a federal bailout, American International Group Inc. spent $440000 on a posh California retreat for its executives, complete with spa treatments, banquets and golf outings, according to lawmakers investigating the company's meltdown. AIG sent its executives to the coastal St. Regis resort south of Los Angeles even as the company tapped into an $85 billion loan from the government it needed to stave off bankruptcy. The resort tab included $23380 worth of spa treatments for AIG employees, according to invoices the resort turned over to the House Oversight and Government Reform Committee. The retreat didn't include anyone from the financial products division that nearly drove AIG under, but lawmakers still were enraged over thousands of dollars spent on outing for executives of AIG's main US life insurance subsidiary. "Average Americans are suffering economically. They're losing their jobs, their homes and their health insurance," the committee's chairman, Rep. Henry Waxman, D-Calif., scolded the company during a lengthy opening statement at a hearing Tuesday. "Yet less than one week after the taxpayers rescued AIG, company executives could be found wining and dining at one of ...
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