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AIG Is Thinking About Suing
the Government for Bailing It Out
Atlantic Wire, by Adam Clark Estes
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Original Article
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Posted By:US Veteran, 1/8/2013 1:00:51 PM
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It´s been almost five years since AIG´s stock dropped 60 percent in a day leaving the company doomed to failure, when Uncle Sam swooped in with $182 billion to rescue it. But AIG must have a short memory, because on Monday night news emerged that the insurance company is actually thinking about suing the U.S. government over the bailout that saved it. The board will discuss the idea with shareholders at a meeting on Wednesday. RELATED: The U.S. Made $22 Billion Bailing Out AIG It´s not so much that AIG´s mad the government bailed them out.
Link repaired by staff
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Reply 1 - Posted by:
unagator, 1/8/2013 1:05:19 PM (No. 9105217)
AIG was bailed out to save Goldman Sachs, not AIG.
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Reply 2 - Posted by:
mitzi, 1/8/2013 1:15:33 PM (No. 9105236)
I´m on Greenberg´s side on this one. I´m an AIG fan.
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Reply 3 - Posted by:
Feebie, 1/8/2013 1:34:41 PM (No. 9105280)
AIG = Chartis
Just sayin´
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Reply 4 - Posted by:
Country Boy, 1/8/2013 1:37:04 PM (No. 9105286)
I thought the timeline was the NY Attorney Elliot "Client 9" Spitzer was trolling for votes when he casually bullied the AIG founder from is office (Greenberg) from his office. No charges were ever filed. Then when the derivatives crash happened the guy at AIG who put the portfolio together was no longer there.
Thanks "Client 9" Spitzer.
How´s your latest career doing?
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Reply 5 - Posted by:
mitzi, 1/8/2013 1:40:14 PM (No. 9105291)
#3 - Chartis is just one of the AIG companies.
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Reply 6 - Posted by:
ColonialAmerican1623, 1/8/2013 11:17:40 PM (No. 9106179)
$182 million could have made a dent in the national dept or helped the taxpayers footing the bill for all of it.
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Below, you will find ...
Most Recent Articles posted by "US Veteran"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "US Veteran"
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Free press fight: How Fox News
reporter wound up facing jail
for doing job
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FoxNews, by Staff
Original Article
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Posted By: US veteran- 4/5/2013 2:07:19 PM
Post Reply
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Fox News reporter Jana Winter faces jail for doing her job too well. She´s not been accused of any crime, only of protecting the identity of confidential news sources while reporting an important development in a major national story. A Colorado court has now compounded a pending murder trial with a second legal case, one with profound First Amendment ramifications. The story started on July 20, 2012, when James Holmes walked into a midnight showing of the Batman film “The Dark Knight Rises” in an Aurora, Colo.
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Lake sheriff dismissal of
hearing-disabled man questioned
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NWTimes (Northwest Indiana), by Bill Dolan
Original Article
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Posted By: US veteran- 4/3/2013 8:44:14 AM
Post Reply
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CROWN POINT | The Lake County sheriff is defending his decision last month to dismiss a physically disabled employee and hire an ex-convict. Sheriff John Buncich said James F. Piunti´s inability to hear or speak meant he couldn´t perform adequately in the department´s Bureau of Identification, where employees must constantly speak with the members of the pubic requesting police reports, criminal background checks and gun-permit applications. "We made every accommodation we possibly could to help him fit in, but things just didn´t work out," Buncich said.
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Obama’s No Purple Heart for
Wounded Fort Hood Survivors Easter
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Canada Free Press, by Judi McLeod
Original Article
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Posted By: US veteran- 3/30/2013 11:11:10 AM
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A polluting-the-culture President Barack Hussein Obama, who has trademarked the American presidency as one dominated by golfing and holidaying, continues down the destructive path of gutting the American military. While the mainstream media will show the simpering Obamas during an ‘Easter Egg’ roll featuring lessons in a White House ‘Yoga Garden’ this year, Obama has laid a deceit-laden egg on the military in time for Easter: “Pentagon says survivors of the Fort Hood attack should not be eligible for the Purple Heart, arguing it would adversely affect the trial of Maj. Nidal Hasan by labeling the attack
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Colorado sheriff says lawmakers
holding up pay raises over gun stance
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FOX News, by Maxim Lott
Original Article
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Posted By: US veteran- 3/27/2013 9:08:42 AM
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One of a handful of Colorado sheriffs who oppose several gun control bills working their way through the state legislature claims lawmakers are threatening the salaries of sheriffs to punish them for their position. The clash comes as pro-gun control elected leaders seek tighter restrictions on firearms in the wake of the Aurora movie massacre last summer and the Dec. 14 school shooting in Newtown, Conn. El Paso County Sheriff Terry Maketa, while saying he would be obliged to enforce new law, publicly said he would willfully
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Lawmakers question ´risky´
$5.5B loan for high-speed Vegas
train amid sequester cutbacks
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FOX News, by Barnini Chakraborty
Original Article
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Posted By: US veteran- 3/13/2013 1:59:12 PM
Post Reply
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While the Transportation Department warns that the sequester will lead to cutbacks causing snarled lines at airports across America, the agency is still considering a massive $5.5 billion government gamble on a high-speed train from suburban California to Vegas. The total cost of the XpressWest project is $6.9 billion, with 80 percent potentially being fronted by the federal government. It would create a train that runs from Victorville, Calif., to Las Vegas and, if green-lighted, would be the largest loan of its type issued in America.
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Obama Silent on American
Christian Pastor Held in Iran
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Fox News, by Todd Starnes
Original Article
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Posted By: US veteran- 3/11/2013 3:35:49 PM
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The wife of an American pastor held captive in an Iranian prison for nearly a year said she has yet to hear from President Obama or Secretary of State John Kerry and to her knowledge the administration has not done anything to help free her husband. “I have not received a telephone call from President Obama,” said Naghmeh Abedini, wife of Rev. Saeed Abedini. “I have not received a telephone call from Secretary of State John Kerry – unfortunately.”
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Sonia Sotomayor rebukes federal
prosecutor for racially charged
remark against Latinos, blacks
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NBC News, by Pete Williams
Original Article
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Posted By: US Veteran- 2/25/2013 3:52:56 PM
Post Reply
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A federal prosecutor came in for some biting criticism today from Supreme Court Justices Sonia Sotomayor and Stephen Breyer for a racially charged remark made during a criminal trial. The comment by the justices came as the court declined to hear the appeal of a man who was convicted in a Texas federal court of being in on a drug conspiracy. The issue for the defendant, Bongani Charles Calhoun, was whether he knew that the people he accompanied on a road trip were about to buy illegal drugs, or whether he was merely along for the ride.
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Disabled New Market man,
forced from theater, dies
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Frederick News Post [MD], by Cara R. Anthony and Patti S. Borda
Original Article
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Posted By: US Veteran- 2/18/2013 8:44:30 AM
Post Reply
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State and county officials are trying to determine why a developmentally disabled man died Saturday after off-duty sheriff´s deputies tried to remove him from a Frederick movie theater. The Frederick County Bureau of Investigation and the Maryland Office of the Chief Medical Examiner are investigating the death of Robert E. Saylor, 26, of New Market, after he suffered a medical emergency at the Regal Cinemas Westview Stadium 16, a Frederick County Sheriff´s Office news release stated.
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Tax sale wreaks havoc with
Cedar Lake woman´s life
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The Times [NW Indiana], by Bill Dolan
Original Article
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Posted By: US Veteran- 2/17/2013 1:05:24 PM
Post Reply
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CEDAR LAKE | Blind and living on little more than her Social Security check, Dolores Pittman soon may be homeless. Lake County officials have mistakenly traded away the plot of land on which she had been living for 54 years in a tax delinquency sale. "I got an eviction notice Thursday. I don´t know what I´m going to do. Besides being scared that I don´t have a place to live, no one wants to take my cats. Being without my cats ... that would probably just kill me," she said.
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Fact Check—CNN´s Blitzer:
Sheriffs Can´t Defy Executive Orders
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Breitbart Big Journalism, by Ken Klukowski
Original Article
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Posted By: US Veteran- 2/4/2013 8:45:20 AM
Post Reply
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Discussing gun control, CNN´s Wolf Blitzer on Friday told a Utah sheriff that if Barack Obama issues an executive order, that order is the law and the sheriff must obey. However, jurisprudence on this topic reveals exactly the opposite. As the head of the executive branch of the federal government, a president can issue executive orders only to employees of the federal government—and only regarding implementing federal laws or programs. A governor can likewise issue executive orders to employees of his state government regarding the laws or programs of that state.
Source corrected by Staff.
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Mother loses fourth child
to Chicago gun violence
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Reuters, by Renita D. Young
Original Article
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Posted By: US Veteran- 1/31/2013 11:20:13 PM
Post Reply
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CHICAGO (Reuters) - Shirley Chambers of Chicago had four children - three boys and a girl. Now they´re all gone. Chambers will bury her son, Ronnie Chambers, on Monday. He was the last of the single mother´s children - all victims of gun violence in Chicago over a period of 18 years. "I was in shock, truly, because I´m just knowing that Ronnie´s going to grow up and be an old man. That was in my heart," said Chambers, 54. The loss of four siblings to the same fate illustrates the depth of Chicago´s stubborn gun violence problem
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Massachusetts principal suspended
after ‘Terminator’ spoof video
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Fox News & Associated Press, by Staff
Original Article
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Posted By: US Veteran- 1/15/2013 4:13:33 PM
Post Reply
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Everett High School´s principal has been suspended for two days without pay for appearing in a spoof of "The Terminator" movies that was shown to students. The superintendent´s office confirmed Tuesday that Erick Naumann as well as the teacher who made the video had received matching punishments following a closed school committee hearing Monday. Naumann could have been fired from the school, which in a suburb of Boston. The video shown last month as way for the new principal to introduce himself to students, shows him walking through the empty school dressed
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Most Active Articles (last 48 hours)
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Former British prime minister
Baroness Thatcher dies peacefully at the age
of 87 after suffering a massive stroke
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Daily Mail [UK], by James Nye
Original Article
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Posted By: Attercliffe- 4/8/2013 8:55:39 AM
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Margaret Thatcher, the first female British Prime Minister who gained worldwide renown as the Iron Lady has died aged 87. Developing a formidable partnership with President Ronald Reagan during the 1980s, Mrs. Thatcher stood up to the ´Evil Empire´ of the Soviet Union, eventually witnessing its collapse. [Snip] Responding to her death, Buckingham Palace said, ´The Queen is sad to hear the news of the death of Baroness Thatcher and Her Majesty will be sending a private message of sympathy to the family, Buckingham Palace said today.´ British Prime Minster David Cameron said on hearing of her passing, ´It was
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Obama says he´s ´determined
as ever´ for gun bill
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Associated Press, by Nedra Pickler
Original Article
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Posted By: Desert Fox- 4/8/2013 10:27:49 PM
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HARTFORD, Conn. -- With time running out on the chance to pass gun control legislation, President Barack Obama on Monday warned Congress not to use delaying tactics against tighter regulations and told families of the Sandy Hook Elementary School shooting victims that he´s "determined as ever" to honor their children with tougher laws. Obama´s gun control proposals have run into resistance on Capitol Hill, leaving their fate in doubt. Efforts by Senate Democrats to reach compromise with Republicans over expanding required federal background checks have yet to yield an agreement, and conservatives were promising to try
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Kim Jong-un Wants Phone
Call from Obama - report
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Korea Broadcast Service, by Staff
Original Article
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Posted By: Desert Fox- 4/8/2013 6:56:50 AM
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North Korea’s young leader Kim Jong-un is waiting for United States President Barack Obama to make a phone call to Pyongyang to discuss easing tensions on the Korean peninsula, according to Russia’s news agency Itar-Tass. The report cited United Kingdom diplomats, saying Pyongyang was demanding the U.S. president personally call Kim Jong-un as one of the conditions to relieve the current conflict at hand. Itar-Tass also quoted the U.K.’s Sky News as saying North Korea currently has eight nuclear warheads.
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Christians, here´s why we´re
losing our religion
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Fox News, by Craig Groeschel
Original Article
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Posted By: STLstudent- 4/7/2013 5:13:55 PM
Post Reply
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Recent research indicates that the number of people who do not consider themselves a part of an organized religion is steadily on the rise. Interestingly enough, though the number of those religiously unaffiliated is increasing, there is little to no trend in the number of those who express atheist or agnostic beliefs. People aren’t saying they don’t believe in God. They’re saying they don’t believe in religion. They are not rejecting Christ. They are rejecting the church. This begs the question, “Why are we losing our religion?”
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´Mickey Mouse Club´ star
Annette Funicello dies at 70
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Los Angeles Times, by Dennis McLellan
Original Article
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Posted By: JoniTx- 4/8/2013 1:18:00 PM
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Annette Funicello, the dark-haired darling of TV´s “The Mickey Mouse Club” in the 1950s who further cemented her status as a pop-culture icon in the ´60s by teaming with Frankie Avalon in a popular series of “beach” movies, died Monday. She was 70. Funicello, who was diagnosed with multiple sclerosis in 1987 and became a spokeswoman for treatment of the chronic, often-debilitating disease of the central nervous system, died at Mercy Southwest Hospital in Bakersfield, Walt Disney Co. spokesman Howard Green said. Funicello and her husband, Glen Holt, had moved from
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White House: Planned GOP
gun filibuster cowardly
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Washington Times, by Dave Boyer
Original Article
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Posted By: Dreadnought- 4/8/2013 11:08:31 PM
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Beginning a week of high pressure on gun control, the White House on Monday accused some Republican senators of cowardice for planning to filibuster gun legislation without allowing the full Senate to vote on President Obama’s initiatives. “If they oppose this legislation, have the courage to say so on the floor and vote no,” said White House press secretary Jay Carney. “Don’t block it. Don’t hide behind a procedural action to prevent a vote. That’s the wrong thing to do, and that’s how the president clearly feels.”
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Chelsea Clinton doesn´t close
door to public office
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USA Today, by Catalina Camia
Original Article
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Posted By: jackson- 4/8/2013 10:23:20 AM
Post Reply
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Chelsea Clinton has raised her profile in the last few days, which sparked the inevitable question about the former first daughter´s future: Will she ever be like Mom and Dad and run for office? Clinton, 33, essentially said "maybe" in an interview that aired Monday on NBC´s Today show. "Right now I´m grateful to live in a city, a state and a country where I strongly support my mayor, my governor, my president and my senators and my representative," said Clinton, whose father, Bill, was president from 1993-2001 and her mother, Hillary
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Special ops veterans’ group
calls for select probe of
Benghazi attack
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Fox News, by Catherine Herridge
Original Article
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Posted By: JoniTx- 4/8/2013 7:00:09 AM
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More than 700 Special Operations veterans are urging members of Congress to back a select committee to investigate last year’s Benghazi terrorist attack, according to a letter first obtained by Fox News. The letter from the group, “Special Operations Speaks,” supports the appointment of a special committee tasked with the single mission of investigating the attack that left Ambassador Christopher Stevens and three other Americans dead, and shut down the CIA operation in an annex of the Benghazi consulate, in the Sept. 11, 2012 attack. “Congress must show some leadership and provide answers to the public
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Obama flying 11 relatives of Sandy Hook
victims to D.C. on Air Force One so
they can back gun control in person
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Associated Press, by Staff
Original Article
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Posted By: BuckeyeRon- 4/8/2013 4:05:18 PM
Post Reply
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President Barack Obama is bringing 11 relatives of those killed in the shooting at Connecticut´s Sandy Hook Elementary School to Washington on Air Force One on Monday so they can personally encourage senators to back gun legislation that faces tough opposition. A nonprofit organization that works with the families, Sandy Hook Promise, said that after Obama´s speech on gun control in Hartford, he is flying with relatives of seven children and one staffer killed during December´s massacre at the school. The White House says Obama is going to argue that lawmakers have an
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Updated: White House, McCain
blast Cruz for threatening
filibuster over guns
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Houston Chronicle, by Joanna Raines
Original Article
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Posted By: JoniTx- 4/8/2013 4:55:05 PM
Post Reply
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There was growing buzz over the weekend that a bipartisan agreement on gun control — a deal that would expand background checks — could hit the floor as early as this week. However, any deal could be derailed by the looming threat of a Republican filibuster involving Texas Sen. Ted Cruz. With Cruz standing proudly in the way of any gun legislation, Democrats are trying to make him pay a political price — and even a couple of high-profile Republicans are questioning his tactics.
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North Korea´s Army Is Full of Jumping,
Leaping, High-Kicking Martial Artists
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Atlantic, by Connor Simpson
Original Article
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Posted By: Pluperfect- 4/8/2013 5:48:23 AM
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Amid all of the very real threats of war and stuff from North Korea, you´d think American intelligence officers want as much video footage of the enemy as possible. Well, here is one video featuring North Korean exercises and Kim Jong-Un holding a gun, and we´ll say this: they certainly get points for presentation. Remember the clap-happy report from Dennis Rodman´s diplomatic basketball vacation? This video comes courtesy of the same Youtube channel that gave us that Rodman video. It appears to be the same state news channel.(Snip for video)This latest dispatch from North Korea´s state television
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Gay Connecticut couple accused
of raping adopted children
will face trial
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New York Daily News, by Erik Ortiz
Original Article
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Posted By: Drive- 4/8/2013 8:52:23 AM
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The case of a same-sex Connecticut couple accused of repeatedly raping and abusing two of their nine adopted boys is headed for trial. Married couple George Harasz and Douglas Wirth of Glastonbury were supposed to be sentenced Friday in Hartford Superior Court under a plea deal, but instead withdrew from their agreement with prosecutors. The men had already pleaded no contest in January to one felony count each of risk of injury to a minor — a reduction from even more serious charges related to sexual assault....
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