AIG

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AIG and the Congressional Kangaroo Court

Well, the boys and girls in Congress are up at it again - pointing the finger at AIG executives for exercising their one thing truly driving the business - self-serving greed.  Greed is not good - greed and the search for the quick and easy buck is what has led to the debacle of the worldwide financial structure.

AIG Bailout - Shades of Things to Come

Well, here we go with the results of the first of what could be many mega-corporation bailout packages being abused by those receiving them - AIG American General spending part of that $85 billion package on a half a million dollar junket to a posh California resort (see the bill here http://www.thesmokinggun.com/archive/years/2008/1007083aig1.html?link=rs...). 

A quick look at AIG Board of Directors shows a stream of finance industry corporate fatcats - and not ONE there representing the "investment" that the American people have made in this company.

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