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The contracts were written by the former CEO of the company I would guess.. That's the best I can figure out. They were written in either February or April of 2008, I have heard both dates. That Polakoff, from the Office of Thrift Services was the one who said they were the ones who responsible for overseeing them and it was he who said in 2004 they were aware that AIG was doing this and did nothing about it. They didn't realize it was as bad as it was and had no idea it was going to go bust in 2008 like it did and that's what caused the problem. Well DUH...where was he in 2006 and 2007 when they started going bad... That's when they should have stepped in and done something.
and they said Nothing to the Public...Nothing for almost two years....that is beyond Irresponsible....
I'm watching Liddy being grilled now. The committee just removed the signs of the Code Pink Ladies. They told them to surrender their signs or they would be escorted out. Medea Benjamin gathered up the signs & gave them to a guard. The signs seems to say CROOKS a lot and also call for resignation of Geithner. So the pink ladies can stay for now. The committee chair said they were "trying his patience". Well jeez, good to know it's not the whole AIG bonus thing trying his patience!
Well kiss my ass...NOW he is not answering whether he plans to comply with the Supeonas by Cuamo ???? WTF ????oh "they are at risk" ....shit and so were we all these years as they fucked up this giant company....the CROOK signs were valid...so here is my question WHY would the Insurance Company be allowed to meet with the FEDS ...and plan...WHY? is that legal...I really want to know if AIG did insure and does insure Government employees - or their pensions...( I know it did when I lived in the NW..)maybe we should FOIA and ask WHO they insure and WHAT.....related to THE people and the Government....this is unreal...
BTW I strongly suspect since MANY of the London Employees were to get Bonuses that this may be why Gordon came to "visit"....
Yeah... Like stuff happens. I think they said that in the Bastille just before it fell.
well,...Pitchforks are on sale at Home Depot ( and no I am not joking...) and hell, I am sure a guiliotine will be on sale next week....shit...UnFuckingReal...Here we are it really is 1932 Again...Brother can you spare a Dime ???? ( the Great Depression was created by GREED.....well, well...here we are...)
All I kept thinking as I watched the AIG hearing yesterday was that old Geo Carlin bit about "the businessman carefully positioning himself behind the client so he can service the account." We the People are the "account" and we got screwed!
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