AIG bunch of thieves
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  1. #1
    Guest

    AIG bunch of thieves

    If you had to find one single group of people to blame for our economic crisis, you'd definitely have to consider the financial products division of AIG. They made huge, bad bets on the housing market that have cost taxpayers $170 billion...so far. That's more than $500 from every American.1

    But get this: The Washington Post just reported that these people are receiving $450 million in bonuses—and they got their first installment yesterday.2 They destroyed our economy, and now they're being rewarded for it with our bailout money!

    We can't let this stand. Treasury Secretary Tim Geithner and Congress need to do whatever it takes to get our money back.

    Can you sign our petition today and then pass it on? We'll deliver it to Secretary Geithner and the congressional committees that supervise AIG. Clicking below will add your name:

    http://pol.moveon.org/aigbonus/o.pl?id= ... 4zbEPx&t=3

    After you sign, please forward this to friends and family to make sure the outcry is impossible to ignore. The petition says: "Under no circumstances should the AIG executives who helped create the financial crisis receive bonuses. That's our money and you should do whatever it takes to get it back."

    The government may need to get creative to recover these bonuses, but where there's a will, there's a way. And some folks in Congress get it. Representative Barney Frank and Senator Russ Feingold are already investigating ways to get the money back.3

    Secretary Geithner already shamed AIG into reducing the bonuses they planned on paying out. But seven executives in the financial products division still received bonuses of more than $3 million each. These people wrote literally trillions of dollars in insurance contracts—those infamous credit default swaps—that they could never hope to cover. And they're getting huge bonuses for perpetrating this fraud.

    AIG's main defense is that they have to honor the contracts with these employees. But let's be clear: AIG would be bankrupt and these folks would already have been laid off if it weren't for the government's massive infusion of money. The big car companies took far less taxpayer money, and they're modifying their contracts with autoworkers. AIG should do the same with its employees.4

    Geithner and Congress need to do whatever it takes to recover that money.

    Wall Street has proven over and over that it's incapable of policing itself. So our elected representatives need to. Sign the petition below and we'll deliver it to Secretary Geithner and Congress to let them know that we're counting on them to step up.

  2. #2
    Guest

    Re: AIG bunch of thieves

    The U.S. congress got very rich thanks to Dodd and his ilk. Now they enter into a contract to save AIG, preventing them from entering into bankruptcy. This is where they need to be to rebuild and break contracts which were signed requiring bonuses to be paid. Once in chapter 11 all these could be renegotiated. We must ask why congress has agreed to keep them out of bankruptcy and why congress signed a contract leaving the AIG staff with the bonuses? I hear the noise Obama and his congress are making, but at the same time I see what they are doing. A little like three card monti to me.

  3. #3
    Guest

    Re: AIG bunch of thieves

    The Obamanation and his hack buddies in congress knew the AIG bonuses were in the package but now they are playing stupid about it. Either they knew about it and they are dirty or they didn't know about it like they should have so theyre incompetent.

    This is what you get when you have the government take over the whole economy...utter incompetence and waste.

    This is what you get when you elect a president out of the sleaziest and most corrupt political system in the country (Chicago).

  4. #4
    Guest

    Re: AIG bunch of thieves

    Quote Originally Posted by dont believe the hype
    The Obamanation and his hack buddies in congress knew the AIG bonuses were in the package but now they are playing stupid about it. Either they knew about it and they are dirty or they didn't know about it like they should have so theyre incompetent.

    This is what you get when you have the government take over the whole economy...utter incompetence and waste.

    This is what you get when you elect a president out of the sleaziest and most corrupt political system in the country (Chicago).
    I knew this was going to be bad but, I cannot believe the arrogant, criminal behavior of this supposed messiah and his cabinet full of thieves and criminals, the fact that he goes on comedy shows, is more interested in the college basketball tournament and super bowl...sticks his big ears in everything other then what is afficting this country. Oh wait. It's oduma. He's bound and determined to destroy us from the inside. Whats that in the constitution about enemies both foreign and domestic? No wonder the military is quitting on his dumb azz...just a matter of time....

  5. #5
    Guest

    Re: AIG bunch of thieves

    Quote Originally Posted by Guest
    Quote Originally Posted by dont believe the hype
    The Obamanation and his hack buddies in congress knew the AIG bonuses were in the package but now they are playing stupid about it. Either they knew about it and they are dirty or they didn't know about it like they should have so theyre incompetent.

    This is what you get when you have the government take over the whole economy...utter incompetence and waste.

    This is what you get when you elect a president out of the sleaziest and most corrupt political system in the country (Chicago).
    I knew this was going to be bad but, I cannot believe the arrogant, criminal behavior of this supposed messiah and his cabinet full of thieves and criminals, the fact that he goes on comedy shows, is more interested in the college basketball tournament and super bowl...sticks his big ears in everything other then what is afficting this country. Oh wait. It's oduma. He's bound and determined to destroy us from the inside. Whats that in the constitution about enemies both foreign and domestic? No wonder the military is quitting on his dumb azz...just a matter of time....[/qu

    Would anyone expect anything else from a black muslim whitey hating racist commie(wife too) that to this day still cant prove U.S. citizenship buts as usual gets a free pass because of his skin color? The white aholes that voted for this fraud knowing all that was out there should all be shot for being f'ing traitors! SEMPER FIDELIS!!(JUST NOT TO OUR SO-CALLED PRESIDENT. GOTTA GO PUKE!!

  6. #6
    Guest

    Re: AIG bunch of thieves

    Obama took more than $100,000.00 from AIG and Dodd took more than $250,000.00 from AIG before he penned in the Bonuses for AIG in the bill. Now why don't they return the dollars they took from AIG afterall it's all our tax doallars. Obama is punch drunk with his power and is distroying the United States of America.

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