Page 155 - Aig News Today

Across the united states. on the plus side, though, 71,000 private sector jobs were added. that isnt enough, though to keep up with population growth. investors want to see more of this. one of the other things we are seeing thats a trend is that people are working longer hours for the same amount of pay. there are also plenty of americans out that are expected to take furloughs, take a day off, without extra pay or without -- getting docked for that pay, obviously. but many traders were expecti...

$100 billion. aigs ceo says the company is preparing for an exit from the u.s. government control. investors on word of this pretty much are in favor of that. aig shares are poised to open higher. lets take a look at where the markes are now. aig shares are up about 1 2/3 percent. nasdaq and s&p are trading to the downside but not as bad as one might have expected. >> felicia, thanks whether the job start coming back, they may not pay as. . alison kosik in new york. thats not good news. >> say g...

What appeared to be sheen on the water and, of course, tarballs floating on the surface as well and ive been told on some of the beaches here in mississippi, theyre collecting as much as 1,000 pounds of tarballs in a single night so the locals are bristling at reports that the worst is over. and that -- and reports that most of the spilled crude has simply disappeared. theyre saying theyre seeing the evidence of it every single day. >> rick leventhal, lake shore, mississippi. thanks. american ta...

Gave half a million dollars to the rangel center, then a few months later that very company was lobbying for a tax loophole with his committee. rangel himself also met with an aig lobbyist and according to a memo prepared by the city college, the objective of that meeting was to raise $10 million for the rangel center. this report here says that rangel himself asked at least twice "what is necessary here to get this done." he also used official letterhead which is not okay because this wasnt off...

Rangel. first, the money. the committee says that rangel didnt report more than $600,000 on financial disclosure forms. remember this is the guy who oversee it is committee dealing with taxes. and then theres this. this is the future home of rangel center for public service at the city college of new york. yes. it is named after him and the committee says rangel violated house rules you about pressuring lobbyists and companies to donate money. one company hit up was aig. which was lobbying the h...

To the rangel center. then a few months later, this company was lobbying the committee for a tax loophole. then also, john and sara, he met with an aig lobbyist and according to a mem poe put together by the city college, the whole objective of this meeting was to get a $10 million donation. this report here says that rangel himself said at least twice what do we need to do to get this done? i mean these are pretty eye-popping details, guys. >> any chance he can still settle this thing? >> he co...

Violated house rules by pressuring lobbyists and companies to donate money to build the rangel center. one company hit up was aig which was lobbying the house at the time. contributors donated $8 million to the building where rangel was supposed to have a very nice, well-furnished office. allegations he used an apartment here in new york city as a campaign office. its a rent-subsidized apartment which means its supposed to be for people on low income and only for people who actually live in it. ...

21 months, involved 41 witnesses and more than 28,000 pages of documents. here are some of them. lets go over to the wall. i want to show you in detail what is in some of these papers and the accusations against rangel. first of all, the money. the committee says that rangel didnt report more than $600,000 on financial disclosure forms, this from the guy overseeing the committee thats supposed to be dealing with taxes. then theres this. take a look. this building, this is the future home of the ...

Companies to donate money to build the rangel center. aig was hit up, lobbying the house at the time. contributors donated $8 million to the building where rangel was supposed to have a very nice, furnished office. and an apartment here in new york city used as an office, its supposed to be for people on low income and only for people who actually live in it. rangel didnt live there. it was allegedly an office. then this. this photo, this is charlie rangel sleeping outside his villa in the domin...

And then fully restructure the finance business, which is how gm got in the problem and end the profitability of the least beneficial vehicles to our country, like suvs, which are given exemptions and tax car vouchers so that the car company can make a lot of money and in the process not make any good cars. if they were incentivized to make good cars, that would be fine. but theyre creating debt as a profit vehicle to borrow money and lend it out, i cannot accept the continuation of this practic...