Page 108 - Aig News Today

First, let me underline what chris said. in 2008 when the economy was about to melt down, it took the combined efforts of george bush and his administration, barack obama, the democratic nominee, the democratic and republican congressional leaderships of both houses to barely get that loan to the banks. i dont know where people think there is going to be this political demand to bail out any big bank. it is exactly the opposite. by the way, as chris pointed oud, every mechanism that was used, wh...

Case against aig. she says they were responsible for her sons death. jurors heard from one of jacksons doctors. 17 days after an acrobat died in a cirque du soleil, they will be back on stage tuesday resuming the show, "ka." they eliminated the scene where she died. race officials clocked bill warner at 285 miles per hour just before he lost control and crashed at a course in maine. he was trying to break his own record of 311 miles per hour. this time, he was trying to use just a mile of pa...

Question their moral purity and investment savvy for ordinary new yorkers, some of whom lost a lot of money when aig and the other firms crashed the economy, thats fine. they like, they like spitzespit. they think somebody should look over their shoulder. they know he will do it and he wont wilt under pressure. he doesnt care what the boards and the press say about him, to a certain extent. what is the worst you can call him? he has been called all of that. so, hes making a case that if wall str...

Correction there in the way the media is treating him. >> a point i made earlier, you know people by their enemies. it is not going to hurt him, exactly. i always thiso think this is an of the media and high-level politicians living in any place but the moment. voters are much more likely to live in the moment and see this as eliot spitzer running for comptroller. hes not running for governor or higher office, i think theyre willing to forgive things like the scandal that he had at this level. y...

Full passenger manifest. the cheapest option is a gulf stream five. and just for that one flight, $216,000. so they have to find the money. it was an explosive day in the whitey bulger trial. kevin weeks, a former it tough guy who was once so close to bulger they spoke daily. things have obviously changed on that front. weeks at one point referred to bulger as a rat. bulger hissed, you suck. then he dropped the f-bomb and bulger followed. the jury just watched. bulgers attorney was able to get...

When private sector does it, they go to jail. koz loy ski spent a million of his bucks, 2006, not sure, world com, and he went to jail for that. he did the same thing the irs did, hes spending six or seven years in jail. someone needs to go to jail for this. spending 2.5 million on pornography and roman torches and parties is -- you saw people smart enough not to do that. aig got something like $100 billion in taxpayer money, did that stupid conference in california, and got nailed for it. peopl...

And you know, with limited resources the 70 thousand cases a year, it gets to be daunting sometimes. >> the fact that the 501 c 4s are very difficult. one thing you get if you read the aig report, they were not competent, they were under-staffed, didnt know what they were doing. if you read a bunch of material out of the office in cincinnati, looks like people didnt want to work there. there is a sense of condescension that comes through. i wanted to make a point about ted cruzs comments, every ...

Might be wrong given how jittery randy has been this week. is it preshow nerves bad or get a straight jacket collar insurance carrier bad. were around tonight just hanging out. >> joey jackson is an attorney and a legal analyst for our sister station hln. when you hear that, joey, straight jacket bad, mental breakdown, first, are they talking about michael jackson? because these executives seem to be bobbing and weaving all over the place in these videos. >> just a little bit. you know, this is ...

Update on a.i.g. and government motors also known as g.m. >>anna: should police be allowed to collect your d.n.a. even if you are not guilty? the court just ruled yes. the judge has something to say about that. well talk to him next. vo: traveling you definitely end up meeting a lot more people but a friend under water is something completely different. i met a turtle friend today so, you dont get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: m...

President bush is this countrys economy will collapse which led to tarp and the bailout of aig and the banks and so on and so forth. >> i totally disagree with that. that is why i wrote the book to try to demonstrate it hour by hour, day-by-day this was a meltdown in the canons of wall street. one or two big highly leveraged gambling houses morgan stanley. aig was not going to collapse all over the world. the holding company could have been bankrupt youd. no depression 2.0 in sight. that is bern...