http://www.reuters.com/article/2013/01/08/us-aig-lawsuit-government-idUSBRE9070GR20130108 I know the public at large is perhaps less angry at bankers than they were a few years ago but the work on my homemade guillotine continues apace.
I have sympathy for the rank and file. I remember when there was bloodlust to deny the rank and file their contracted 2008 bonuses, that was bad. But Hank Greenberg and his ilk? They can suck it. From jail.
The rank and file would have been jobless if it weren't for the government. Would they have complained about the size of their unemployment checks too?
There is only one thing to say about this. F*ck AIG. F*ck them hard. If they follow through with this, Holder should investigate every little thing they do from now on, and make their lives truly miserable. I hope they go bankrupt and their executives spend their lives in prison.
Well I would hope they would investigate all banks and the shit they do regardless. BTW, do we still own any part of AIG? I was under the impression we sold all the government held stock.
Under the wilting criticism of this thread and the threat of my homespun guillotine, AIG has decided to opt out of the lawsuit. http://www.reuters.com/article/2013/01/09/us-aig-lawsuit-government-idUSBRE9080S720130109 You're welcome, America.
I've been away for nearly 6 months and this is bringing me back - geez. What did Hank Greenberg do? Nada. Spitzer and his buddies threatened AIG with lawsuits back in 2005. After his departure, the execs and Board that weren't willing to stand up to Spitzer decided to bet the ranch on CDS. Greenberg used them and allowed them, but never would have allowed them to proliferate like they did because he had so much at stake. But that's fine, just revise history and allow your bloodlust for anybody that isn't a liberal to show through.