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Aig - American International Group - Page 2

They are a bunch of crooks. I think the government should ask for all its money back. At least the fed decided to not raise interest rates. I think getting the bonuses back will help but still think the wrong people got the money.

Group International American Aig

Even though some of the 'bonus grabbers' chose to just give back their bonus checks the government has still done the necessary to make sure they get it back anyway:

People of the US, beware, your government can override contracts, doesn't that make you a bit scared?

Aig - American International Group History & Civil Business Politics

Protesters visit AIG officials' lavish homes

She marveled at AIG executive James Haas' colonial house, which has stunning views of a golf course and the Long Island Sound. The Fairfield house is "another part of the world" from her life in nearby Bridgeport, a city that flirted with bankruptcy in the 1990s and still struggles with foreclosures and unemployment. "Lord, I wonder what it's like to live in a house that size," she said. Ref. Source 1

Page 2 Group International American Aig

One issue with these bonuses is this... Most people like to spend their money before they receive it. In other words they spend in anticipation of receiving bonuses. If they give it back then it is like losing the money in whatever they invested - for instance a mortgage.

Group International American Aig

I find it very interesting that the government can over ride a contract. I am a contracted employee. Does that mean the government can take away my contract and make it so I am out of a job even though my contract does not expire for another year?

SO they made them give back their bonuses. The fact still remains that the people who got us in this mess are still in charge. IS anything really going to change?

Aig - American International Group

AIG recently renovated their building over the weekend and took away the sign "AIG - American International Group" and replaced it with a new front with no name. I guess they thought that would 'protect' them from the angry US citizens. They may change the name of the group.

Aig American International Group - Page 2

I am sure that they are going to charge the american taxpayers with the renovations that they made. I doubt that those who are angry with them are going to forget about who they are by them changing their name.

Aig American International Group Politics Business Civil & History - Page 2

AIG and the Big Takeover: Matt Taibbi on "How Wall Street Insiders Are Using the Bailout to Stage a Revolution"

In a new article in Rolling Stone Magazine, journalist Matt Tabbi takes an in-depth look at the story behind AIG. "The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d'etat," writes Taibbi. "They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations." Ref. Source 6