Page 141 - Aig News Today

The bank won. we set up an independent consumer -- we made illegal the kind of loans -- we want to help responsible home ownership. we outlawed those. we did -- well, derivatives, we had this whole business with these obscure and arcane derivatives, the aig got in trouble. we regulated them for the first time. you now cannot go in and do that. we had problems with cities that went into these deals that wound up getting taken, and weve now said if youre going to be an adviser to a city, you have ...

ripples of relief spread from europe across the world market. a deal has been reached to tackle the e.u. financial crisis. european leaders have agreed to expand the e.u. bailout fund while private sectors will take a 50% loss on greek bonds. the european agreement translated into a huge day for u.s. stocks. lets go to alison kosik at the new york stock exchange. the closing bell just rang. how did stocks finish? we dont know the final number, but we know its very positive. >> it is. t...

Banks. >> they are. >> people, as were talking about them saving us, people forget, we bailed out the european banks by making aig make all its swaps, and by the way, the federal reserve opened the window and said, everybody can come here, including the french and the german and the british. so i think they owe us one or two. >> im telling you this, you guys. if the ecb opens up and starts buying every bond in europe, were going . were bringing a bunch of bonds. we will go to that window and bri...

Christians, burning of their christians and attacks on israel and dissolution of the peace treaty with israel, then that would be a position that you and mr. obama can take. i dont rejoice in that. i sponsored a bill -- >> patti: well have to leave it there. >> thank you so much. >> patti: sorry to cut you short. bob and adam, thank you both so much for joining us today. >> thank you. >> gregg: lets talk a little business now. your name can be everything in the business world. now there is a com...

It might be crucial to the mauler businesses. and it is a revenue flow. social media brings a lot of unexpected players in your realm and people talk about you. others may be listening. the guard is aig. it almost went bust in the crisis. david lee miller. it is a threat of a boycott. they are changing the date of the presidential caucus and they have moved it up back to

Hostage in this basement to steal their social security checks. they tried a couple of times to escape. couldnt. >> get away, he got me. >> you were afraid of him? >> i was. >> now were learning one of the victims was reported missing and officials discovered his checks were going to the home where he was being held. officials reportedly went to the house but were turned away and never found them. >> another green investment by the white house gone bad? it seems the government may have thrown mo...

The insurance giant now spending taxpayer dollars to treat 74 employees and associates to an ultraluxury resort weekend in california. the 2 1/2 day get away will be held at the ultraluxurious as it is described pelican hill resort in newport beach, california, where villas can run up to $1150 a night. thats right. thats a nice night. a.i.g. spent $440,000 a couple of years ago on a similar getaway back in 2008 which produced a firestorm regarding their travel. all right, gretch, over to you and...

You got it? okay. good. what about wall street. hurts the economy. 47% of the people believe wall street -- hurts the economy. 47% wall street hurts the economy. the fact we sit here every day -- >> eric: that is all you have? >> greg: bob brought up the bankers. they were protesting banks got bailed out, we got sold out. banks didnt bail themselves out. they were bailed out by the government. >> eric: if its -- you are so spot on. obama bailed out banks. obama bailed out aig, insurance company....

the bells ring, lets go out front. hello, everyone. out front live in las vegas. feels good to say that. were just an hour away. we have seven republican candidates squaring off for their partys nomination to challenge president barack obama next november. >> herman cain surging in the polls to defend his front of runner status. rick perry could be dropping and that could be the comeback story of the night and mitt romney, slow, but steady. in a poll released this morning and lagging b...

Apparently i had some secret influence over the republican leadership i didnt know about, because if i had i would have told them not to impeach president clinton. i would have told them not to go to war in iraq. i would have told delay not to go on the dent show. theres a lot of things that i would have done. the second thing, what he then is objecting to, the bill that we passed. they dont like independent consumer agency and the work that elizabeth warren did. they dont want derivatives to be...