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N.Y. Attorney General Goes After AIGPosted on Oct 16, 2008
It would seem imprudent, given the government’s recent and unprecedented bailout of companies such as insurance giant AIG, for the likes of AIG to even entertain the idea of hefty executive payouts—but clearly, prudence isn’t a highly valued quality on Wall Street of late. Enter New York State Attorney General Andrew M. Cuomo.
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By hippy pam, October 17, 2008 at 2:29 pm #
SOooooo….AIG went belly up-Got BIG $$$$BUCKS$$$$ from the gubmint-went to the SPA,spent BIG $$$BUCKS$$-Asked for more BIG $$$BUCKS$$$-took another vacation,spent BIG $$$BUCKS$$$......WHEN ARE WE-THE PEOPLE- GONNA PUT OUR FEET[both of them-all of us] DOWN AND STOP ALLOWING THIS HAPPY CRAP TO CONTINUE?????WE NEED TO INSIST TO OUR STATE ELECTED OFFICIALS that WE WILL NOT KEEP THEM IN POWER POSITIONS IF THEY DO NOT PUT A STOP TO THESE MIS-USES OF OUR-YES OUR-$$$$TAX$$$$$MONEY$$$......
Report thisBy GW=MCHammered, October 17, 2008 at 9:16 am #
(Unregistered commenter)
Although Cuomo’s been accused of un-policed policies that aided Fannie and Freddie plunge into the subprime markets, it’s about time someone with a badge stood up to these crooks. Kudos Cuomo! Let’s hope there’s an avalanche of justice coming.
Report thisBy Jim Yell, October 17, 2008 at 9:10 am #
(Unregistered commenter)
The narcisstic behavior of AIG and I shouldn’t wish to leave out all the other people who have taken huge amounts of cash for this chicanary is past belief.
We can only hope that some restitution from all of these corporate heads and other executives is required and maybe some prison and hard time wouldn’t be a bad idea either.
If what they did wasn’t unlawful than it was because they bought the law they wanted and that is surely supposed to be a crime, not only theirs but the bastard who traded upon the public trust.
Report thisBy PatrickHenry, October 16, 2008 at 8:25 pm #
Asset Seizure
Licence suspension pending investigation.
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