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The Piglets are beginning to squeal over A I G (2871 hits)


Oops- big double oops. Senator Dodd the outspoken Congressman against the bonuses for AIG --now states after being grilled on CNN that he did not KNOW that the bonuses were in the stimulus (Recovery) act that he signed!!

He was "completely unaware of the bonuses until last week" --come on--we the people have known about this for months! This statement is the hallmark of "lying Washington D.C. style"

UPDATE: Dodd put out the following statement this evening:

"I'm the one who has led the fight against excessive executive compensation, often over the objections of many. I did not want to make any changes to my original Senate-passed amendment but I did so at the request of Administration officials, who gave us no indication that this was in any way related to AIG. Let me be clear " I was completely unaware of these AIG bonuses until I learned of them last week.

" Reports that I changed my position on this issue are simply untrue. I answered a question by CNN last night regarding whether or not a specific date was aimed at protecting AIG. When I saw that my comments had been misconstrued, I felt it was important to set the record straight " that this had nothing to do with AIG.

"Fortunately, we wrote this amendment in a way that allows the Treasury Department to go back and review these bonus contracts and seek to recover the money for taxpayers. Again, I have led the fight to curb excessive executive compensation, and will continue to do so."

No--I think he got caught and he never imagined the backlash across the country..why am I having deja vu--from the Nixon years? I was in my 20's -I remember Watergate very well--especially the lies from Nixon himself, and they were very similar in form.
Posted By: Marta Fernandez
Thursday, March 19th 2009 at 8:09AM
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Hmm-firstly when you are accepting donations you do not know the drama behind the donors. seocndly--Obama has been known to give back funds from his campaign war chest. Why would his campaign manager warn him ? last year? and what is Jarrett saying that makes you write this? if what you are saying is true--I hardly think Obama would have been as forceful against AIG as he has.
Thursday, March 19th 2009 at 9:44AM
Marta Fernandez
It's not a question as to his placement -- but like he said "I am President" this man gives me the impression that he is solid as a rock!
Thursday, March 19th 2009 at 12:19PM
Marta Fernandez
Hmmm who is this Cassano? a million a month? as we say "I ain't mad at you" somebody show me how to do that!! no on the serious side--even back in 1997 AIG was a humdinger in dealing with healthcare claims , so the fraud issue is there I am sure. Mr.Obama stated this afternoon that he has to follow the letter of the law, because he does not want them suing the government and getting their bonuses back plus some! he is thinking like a lawyer.
Thursday, March 19th 2009 at 7:37PM
Marta Fernandez
Check. keep up the anlaysis you are helping us to think -(well thoe of us than engage in that ancient activity) let's watch the events--bigger than Watergate that was a crime syndicate--this is a soap opera long running, replete with villains. As I wrote on my blogs when the crisis hit last summer,somebody is going to jail,you can pluralize that--it takes time for an investigation,
I know it's hard for folks to follow--I know personally one brother who covered for the politicos in las Vegas--and they had a Limo waiting for him aftter his 3 year stint in the Feds house, and former Senator Cleo Washington from Indiana now a lobbyist for AT&T was kind of annoyed by my observation at the Inaugural that Obama renamed them "Legislative Aides" and will soon be taking away their legal powers! too bad. I know they have to eat, he is in a foto with his wife and has children,that I posted but trust me he is a lawyer, he can CREATE a job--so don't feel sorry for them when their world comes tumbling down!
Friday, March 20th 2009 at 12:20PM
Marta Fernandez
Joe Cassano. AIG 84 bill..bailout partied and wasted 400k..then another 38 billion of our tax money, they bragged about the exotic creative loans for home mortgages. Gambling by underwriting mortgages when they didn't have the collateral. From my own blog back in October--I thought the name sounded familiar!!
Saturday, March 21st 2009 at 9:23AM
Marta Fernandez
Here is my problem with this AIG out burst about Bonus...they are acting like this is the first and only time this has happened! From where I stand, It looks like these bonus at AIG is just peanuts when compared to all of the other bonus paid out over the past few years as business went belly up.Were not some CEOs getting $100millions and stocks also when they got fired.....didn't every fired CEO get out ragious$millions on tho of $millions for running their companys into the ground?????!!!???

What about that conservative white lady always on the tv taling about how bad the democrats are, The one that the McCain campaign had to fire. Didn't she get $40million for running her company in the hole and they ended up laying of 2,000 workers? Lets get real as I repeat for the hundreth time. All of this money games could never have happened if GOVERNMENT had not put it's seal of approval on all of it in the first place!!!!!!!!!!WAKE UP.....
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
If AIG did not promise to give these people bonus for distroying the company then why should they get a bonus for distroying the company. It is so simple it seem that everyone is over looking this as it was the CEOs who violated the contracts?

If those CEOs were hired to help the company make money and keep it in business to protect the company's intrestes. To do the best jobs work he/she could do to make the company expand and remaining with a positive and valuable social and economic positive on the stock market and the public. If the CEOs did not work for the best interest of AIG then they violated the purpose of the existance of AIG, and they expect a bonus? This is fraud or maybe even black mail to boot.

What I say will not be made public any time soon because we are dealing with the very people who in SELLING out this country by way of going to Washington, D.C. only to get on the best paying lobby list has caused all of this mess. but, it is still too soon for the finger pointing that is sure to come.

Washington, D. c. and our big business, politicians, lobbyst, American citizens you an't seen nothing yet. Our President is a Street Fighter and trust me he is an angry Black man.C-H-A-N-G-E is in Washington...next stop..prison I never fail to laugh when they try to come up with someone or something to compare our president to....You can't This man comes from the streets...he is still comfortable with those on MAIN STREET....I promise the Washington D. C. that is in our future will not be pretty.

Has any one heard about these recieving the tarp money have not been paying their income taxes? 13 of they owe back taxes to the tune of $200million....I am sure it is still going to get better and better as the IRS has no way so far to explain how this got by them....and all of those politicians also.....


Washing, D.C. is beginning to look like a major crime syndicate(smile)Or a soap opera
Thursday, April 10th 2014 at 6:47PM
ROBINSON IRMA
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