Page 138 - Aig News Today

She was at the white house today. actually i think we have video that she and brad pitt -- that is a ticket you want to get to go to the oval office to see. i remember when she came to the bush white house, because she did all that work with the united nations. everyone said she could havent been more lovely. what she said about president obama there were things she thought had gone really well and things that hadnt gone so well. she didnt detail it. >> bob: she focused on a.i.g., something she ...

I wouldnt have put it that way. what i would have said sthaurkt control he likes to have as a business owner and as an individual to make those kinds of decision. if you are not getting the job done, i want to be able to do something about it. >> i -- >> as opposed to what our government does, let it build into something more mammoth and up controllable till we get to this point where we have $15 trillion worth of debt because people have not paid attention. >> if that is true, that means he is ...

The minute men who really loosened the shackles of tyranny of the british empire, i think that is hyperbole in the extreme. megyn: is it, dan? is it part of -- you can call it class war wear, inequality. that narrative. is he trying to draw that line, the empire of the rich, and you the minute men trying to overcome. >> i think to a certain degree what hes doing is hes over correcting. in the post bail outer a he didnt pay enough attention to the anger on the right, the center and the left becau...

Gold, which isnt a country. the united states is actually on much stronger footing in terms of hard power. where the united states has been knocked down in the last ten years is in terms of support for its values, whether we talk about the 2000 elections or whether we talk about worldcom and earn ron and lehman brothers and aig, talk about guantanamo bay. those i think are the issues that the united states is having problems with, and those are the places where the united states really needs to ...

of explosions that rocked the capital. some of them were so powerful that our location actually shook. these explosions were suicide bombings, roadside bombs and car bombs. they were targeting busy intersections, marketplaces, one of them exploding in front of the integrity commission located in the heart of the capital. another explosion taking place very close to a school, just as children were arriving. these attacks taking place in a two-hour time frame from 7:00 a.m. to 9:00 a.m. ...

Yeah, stock prices went down, thats no big deal, they were all over the place. >> whoa, whoa, whoa -- >> steve rattner -- >> things did go off the cliff after lehman. remember, the -- they broke the buck on the money markets fund, aig was suddenly -- needed to put all of these billions of collateral. the whole financial system froze. no bank would lend anything to another bank for fear it was about to fail. morgan stanley was next, goldman sachs was not far behind. this was george w. bush. im no...

Are. that has to be an act of insanity. is there another financial market out there thats invisible like this? >> i think there might be a gold market somewhere in bahrain that acts on that lack of transparency. but we really solved this in 2008, when all of a sudden, aig, we just thought aig was a sponsor of the manchester united soccer team and this big insurance company. boom, it turned out they were -- had sold, you know, hundreds of billions of dollars of insurance, credit default swaps on ...

american people and dont raise tax on them right now. now is not the time to slam on the brakes. now is the time to step on the gas. now is the time to keep growing the economy, to keep creating jobs, to keep giving working americans the boost that they need. >> our chief white house correspondent jessica yellin with more on the presidents bush. you dont add an event unless you see moment dlul. >> reporter: they want to beat that drum every day. they see this as a win for the president...

mohammed ceo of pimco and alexis glick has experience working on wall street and covering it and the ceo of the gen youth foundation. diane, start with you, bottom line, are there lessons from 2008 that can be applied today to avert another global financial crisis? >> well, were already seeing them applied. the fact that central bankers are not really talking to each other before the financial crisis actually emerged in august of 2007 or july of 2007 was a major detriment to them deali...

2008. central banks are taking coordinated actions to avoid a ledge mat threat of a credit freeze the likes of which we havent seen since after the days of lehmans collapse in 2008. we all remember what happened then. the credit freeze closed businesses, factories, wipes out millions of jobs around the world. diane, let me start with you. bottom line, are there lessons from 2008 that can be applied today to avert another global financial crisis? >> well, were already seeing them applie...