Page 118 - Aig News Today

Wire, congresswoman maxine waters is ripping them apart as a lot of people are. did anyone force aig to take the bailout? >> no, thats one of the main arguments that the government made. no one forced aigs board back during the the financial crisis to take this bailout. they chose to take it, they chose to give the government an 80% stake. they chose to pay this loan with a high interest rate. no one really forced them to take it and thats sort of what the government says, it was entirely their ...

Bonuses. and not just to aig in general, but to the unit in aig which was at the absolute center of selling those cdss. >> its unbelievable. and now you look at "the new york times" lead editorial today, and you see from what steve rattner said in defense of the banks -- >> there is no defense. >> well get steve back on here. i think part of that was devils advocate, just to be on the other side of it, and also because in so defending the banks, that still puts him on the other side of elizabeth...

Taxpayers rescue of the company cheated shareholders and violated their rights. in a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became ...

In a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became a united states senator, senator elizabeth warren said beginning in 2008, the fe...

Back, actually making taxpayers a profit on that investment in aig to save the economic system. you know, those bonuses were an inflection point in our country to show the irresponsibility that had taken place. those were contractual -- >> i remember calling the white house, "what are you doing?" and being told, oh, theres nothing we can do about it, as theyre giving this massive bailout. no, theres nothing we can do about those bonuses. >> remember what we inherited. >> absolutely unbelievable....

Really pretty sorority girls at university of alabama or ole miss or auburn or i dont know. do you guys have them up at swanee? >> absolutely. >> i mean sororities. >> yeah. >> do you have sororities? >> absolutely. >> its just not all that. get over it, move on. >> he doesnt get out a lot. >> youve got a dynasty. >> this is a different kind of s.e.c. dynasty. >> yeah. but were used to it. were used to it. >> this is not going to go on for nine minutes. >> you know what is going to go on for nin...

Jail? millions of americans suffered because of what they did. >> and still did. >> everybody walked. >> why? >> why? because its an inside job, as the movie said. it was an inside job. and it remains an inside job. and the people who were responsible for this remain in key positions on wall street. and whats amazing to me is that every single day, theres a new penalty, a new fine, a new admission. this one on the mortgages is not something out of the blue. every day theres insider trading penal...

In a statement today, aig said the board will make a decision in the next several weeks. the white house has declined to comment on the issue saying the lawsuit is still pending. but we do have this. we do have a comment from the person president obama tasked with inventing an entirely new government agency to protect us all from predators and negligent companies in the financial sector, outside who last week became a united states senator, senator elizabeth warren said beginning in 2008, the fe...

We should say aig has not agreed to sign on to the lawsuit. the board of directors is hearing out the former ceo, probably one of the worst villains of the financial crisis. i would be surprised if they make a move like this, but it is an appalling, appalling, ridiculous affront. >> youre trying to avoid the words, but its blanking, blanking unbelievable they are doing this. those are the blanks i was looking for. eric, whether or not aig joins this lawsuit or not, theres this sort of mental -- ...

With this advertising blitz, theyre actually thanking the american people for saving them. >> aig, we said we were going to turn it around, and we did. >> leading insurance company based right here in america. >> we have repaid every dollar america lent to us. >> everything, plus a profit of more than 22 billion. >> for the american people. >> thank you, america. >> aig played a major role in taking our country into the great recession. the taxpayers saved aig. the ripple effect would have been ...