SAY HELLO TO AIG, SAY GOODBYE TO YOUR MONEY
UNLIKE MANY WALL STREET FIRMS, AIG HAS AN OFFICE IN YOUR HOME TOWN
AIG CONTACT INFO RIGHT HERE! WHY NOT DROP IN AND SAY HI!
ABC NEWS: NIGHTLINE
"AIG under Criminal Investigation"
Your Tax Dollars At Work.
Or, Ask For Your Money Back?
Whatever you do, do NOT jam their switchboard or website or emails. Do not send them stinky things like fish or dog-poo in the mail. Do not EVER trash their offices or the vehicles in their parking lots. Do not follow them home and prank them or spit in their faces. All of these actions are illegal and wrong and unfair. So don't do them. OK?
And don't do it to your Senators or Congresspersons, either. Ever. And leave Tim Geithner alone, too. They all have enough trouble giving away the last of your money to the rich, especially when they've made you so poor. No, really, it really bothers them, really a lot. Really. They can hardly swallow their truffles. Really.
"AIG Corporate Home Page"
You can even visit them online.
AMERICAN INTERNATIONAL GROUP: CORPORATE
"AIG Board Of Directors"
Drop the CEO or the Chairman of the Board of Directors a line.
"AIG Offices, USA"
Drop in at your local AIG office.
"My Elected Officials"
Find and contact your federal, state, and local officials.
US TREASURY DEPARTMENT: SECRETARY TIMOTHY GEITHNER
Write your Enabler-In-Chief.
NY DAILY NEWS
"Pin AIG woes on Brooklyn boy: Joseph Cassano walked away with $315 million while company staggered"
It's good to be teh scumbag.
' At the top of the list is 54-year-old Joseph Cassano, a Brooklyn cop's kid made good who went oh so bad. As head of the Financial Products unit, Cassano racked up billions of losses while assuring investors it was nearly impossible for his unit to lose. "It is hard for us, without being flippant, to even see a scenario within any kind of [rhyme] or reason that would see us losing one dollar in any of those transactions," he told investors. Before he was finally fired last March, Cassano pocketed $280 million in cash and an additional $34 million in bonuses. Under a "retirement" agreement marked "confidential," Cassano also got a $1 million-a-month "consulting fee." To put Cassano's personal score in context, his end is three times the annual budget of his alma mater, Brooklyn College, to which he has not contributed a dime. Joseph Cassano started out at Drexel Burnham Lambert under Michael Milken, "the Junk Bond King." Drexel imploded in 1990 and Milken landed in prison. AIG promptly hired a team of Drexel people to start a Financial Products unit, Cassano among them. Cassano became the head and began dealing in securities known as "credit default swaps" out of one office in Wilton, Conn., and another in England, dubbed "the London casino." '
"AIG chief worried about safety after death threats"
So, now we're ALL worried.
' The head of AIG told the U.S. Congress on Wednesday he was reluctant to reveal the names of employees who took home bonuses because the troubled insurer has been receiving death threats. "All the executives and their families should be executed with piano wire around their necks," Edward Liddy, chief executive of American International Group Inc, read from one note. "I'm looking for all the CEOs' names, kids, where they live, etc.," he read from another. Liddy, who took over at AIG in September, was testifying before a congressional subcommittee investigating why the giant insurer paid out $165 million in bonuses after getting billions of dollars in a federal bailout. "I'm just really concerned about the safety of our people," Liddy said of his willingness to release the names of the bonus recipients. Barney Frank, chairman of the House of Representatives Financial Services Committee, said their identities should be made public anyway. "If we give in to these kind of threats we would never get information made public about a lot of things," he said, adding he would talk with law enforcement officials to determine the severity of the threats. '
THE TIMES OF LONDON
"Armed guards at AIG offices after death threats over bonuses"
Well, at least Blackwater has jobs.
' A wave of popular anger over the $165 million (£118 million) in bonuses received by executives of American International Group (AIG) is threatening to engulf the insurance company and cause deep damage to President Obama’s infant Administration. Armed guards have been stationed outside the Connecticut offices of AIG Financial Products (AIGFP), where death threats have been pouring in and some employees have resigned or have refused to turn up for work. Yesterday it emerged that 11 AIG workers who had received retention bonuses of $1 million or more had already left the company, stoking the anger on Capitol Hill, where Congress was threatening to introduce taxes to claw back the $165 million bonus payment to 400 staff at the division that caused its near-collapse. “AIG made more than 73 millionaires in the unit, which lost so much money that it brought the firm to its knees, forcing a taxpayer bailout,” he wrote. “Something is deeply wrong with this outcome. I hope the committee will address it head on.” He said that it was unclear when or how they left the company or why the bonuses were paid. AIG declined to comment. '
"Obama pulled in $150,000 from AIG"
Change we can not have any of.
' BARACK Obama and New York senator Charles Schumer, leading the charge to recoup $US165million ($250million) in bonuses paid to employees of AIG, received nearly $US150,000 in campaign donations from the bailed-out US insurance giant. As the White House attempted to contain a furore that threatens to damage the President's standing, New York newspaper Newsday reported that AIG donated $US101,332 to the US President last year, second only to Chris Dodd, chairman of the Senate banking committee, who received $US103,100. Senator Schumer, who proposed legislation yesterday that would claw the bonuses back through a special tax of almost 100per cent on the payments, has received $US38,500 from AIG since 2000. '
THE WALL STREET JOURNAL
"Critics Got Donations From Insurer "
Plus ca change.
' Among Republicans, former President George W. Bush has received the most -- $200,000 -- from AIG and its employees, followed by 2008 Republican presidential candidate Sen. John McCain, with $99,000. Through the 1990s and the early part of this decade, AIG's donations were evenly split between Republicans and Democrats. But starting during the 2004 election, AIG employees and its PAC started favoring Democrats. Since then, Democrats have received 60% of the $2.6 million in political donations from the company and its employees. '.
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