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Business

Bailout Scandal So Soon? AIG Executives Blow $440,000 on Retreat One Week Later
Business  (tags: AIG, bailout, Senator Henry Waman, tax dollars, waste, House hearing )

RC
- 2172 days ago - voices.washingtonpost.com
I'm sure this retreat at the St. Regis Resort Monarch Beach is going to do wonders for our moribund economy. Revealed during a hearing on AIG at a House Committee on Oversight and Government Reform Committee, Sen. Henry Waxman and others blasted AIG.
Senator Max Baucus Wants Answers From Bernanke About AIG
Business  (tags: AIG, Max Baucus, Ben Bernanke, bailout, fraud, corruption )

RC
- 2169 days ago - bloomberg.com
Senate Finance Committee chairman Baucus asked for hard answers about AIG and its free-spending activities and wants a reply by October 23. One of his major questions: "Who can we fire?"
Wall Street's Next Big Problem
Business  (tags: AIG, American International Group, Federal Reserve System, Lehman, Wall Street, Finances, Banks and Banking, Mortgages, Insurance )

Marion
- 2194 days ago - nytimes.com
Wall Street isn't remotely prepared for the inestimable damage the financial system would suffer if A.I.G. collapsed.
Take Action: Extreme Makeover - AIG Edition
Business  (tags: americans, consumers, bailout, aig, economy, business, corruption, dishonesty, corporate, finance, greed, abuse, corruption, ethics, investing, government, money, politics )

Tom
- 2009 days ago - thepetitionsite.com
We the people now own 80% of American International Group (AIG) thanks to our nearly $200 billion bailout "bonus." Everyone likes to make a clean start, so what better way to launch our new relationship with AIG than to give our purchase a new name?
10 Worst Corporations of 2008 : Hall of Infamy of Plunder & Abuses, Social & Political
Business  (tags: 2008, worst corporations, Multinational Monitor, 20th anniversary, responsibility, deregulation, non-enforcement, improper, political influence, Cargill, food profiteers, AIG, Chevron, Constellation Energy, CNPC, fueling, violence, Darfur, Dole )

LucyKalei
- 2121 days ago - alternet.org
20th anniversary of MultinationalMonitor's annual list of yr's Worst Corps is a winner: financial meltdown/economic crisis showed corps left to own devices will destroy themselves & system that nurtures them. Saving life still not good business, either..
AIG's Lords and Lady of the Hunt May Find Themselves Under Attack After Luxury Trip
Business  (tags: AIG, Bailout, Paulson, Bernanke, Bush, Republicans, Neocons, PNAC, bank failures, illegal wars, mortgage crisis, US taxpayers, coverup, corruption, finance, economy )

Blue
- 2165 days ago - nydailynews.com
4 Top AIG Execs flipped U.S. taxpayers the bird by spending $86,000 on a partridge hunt at an English country manor as the feds gave their struggling firm billions to stay afloat.
Dow Drops Massive 315 Points
Business  (tags: $103 Oil, Aig, Dell, Inflation, Oil Prices, Stock Indexes, Stocks, U.S. Economy, Wall Street, Breaking Business News )

Blue
- 2393 days ago - huffingtonpost.com
"Every time we get to a point where we think we've finished, another report comes out and says we're not done yet," he said. Schultz expects Wall Street will continue to proceed with "fits and starts" until investors sense that the bad debt from...
Senator Suggests AIG Execs Should Kill Themselves Video
Business  (tags: ethics, congress, abuse, republicans, business, AIG, lies, dishonesty, corruption )

Susan
- 2012 days ago - news.yahoo.com
Iowa Sen. Charles Grassley suggested that AIG executives should take a Japanese approach toward accepting responsibility for the collapse of the insurance giant by resigning or killing themselves.The Republican lawmaker's harsh comments came during an
AIG CEO Asks Employees to Repay Some Bonus Money
Business  (tags: AIG, abuse, business, corruption, cover-up, economy, politics, money )

Cal
- 2010 days ago - reuters.com
The head of AIG said he was trying to prevent the company from collapsing when he allowed the payment of $165 million in bonuses that have stoked outrage stretching from the White House to Main Street.
AIG, Others Routinely Denying Care To Contractors Injured In Iraq, Afghanistan
Business  (tags: Aig, Aig Denying Insurance To War Contractors, Aig War Contractors, Iraq War Contractors, Propublica, War Contractors Insurance, Business News )

Blue
- 1980 days ago - propublica.org
Aig, Aig Denying Insurance To War Contractors, Aig War Contractors, Iraq War Contractors, Propublica, War Contractors Insurance, Business News
AIG CEO Robert Benmosche Compares Bonuses to Lynch Mobs
Business  (tags: Matt Taibbi, AIG, Robert Benmosche, CEO of AIG, bailout money and bonuses, Wall St. Journal, mortgage debacle )

Judy
- 358 days ago - rollingstone.com
The uproar over bonuses "was intended to stir public anger, to get everybody out there with their pitch forks and their hangman nooses, and all that - sort of like what we did in the Deep South [decades ago]. And I think it was just as bad..."
BLOW THE WHISTLE: Bailed Out Firms Wasting Money? Tell Us About It
Business  (tags: Aig, Bailout Bandits, Bailout Bill, Bank Bailout, Bank Of America, John Thain, Merrill Lynch, Tarp, Politics News )

Blue
- 2052 days ago - huffingtonpost.com
The spending of taxpayer money to help resuscitate the nation's economy is one of the major stories of the year. As such, it demands extensive scrutiny. This is a request that you help us with the task.
AIG Executives Cancel Planned California Spa Retreat - Update
Business  (tags: AIG, bailout, spa, retreat, Half Moon Bay, California )


- 2169 days ago - nydailynews.com
Still smarting from their spanking for blowing $500,000 at a swanky resort after getting an $85 billion taxpayer bailout, AIG execs have cancelled a planned spa weekend at a posh California hotel.
Stop AIG Bonuses Please Sign
Business  (tags: abuse, americans, corporate, AIG )

Stephanie
- 2012 days ago - uspirg.org
AIG, which has received more than $170 billion in taxpayer bailout money, has just awarded $165 million in bonuses to its top management.
   

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