Tag Archives: American International Group Inc

Nader Asked During 2000 Election — What if He Spoils Race?

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www.richardarsenault.com ! Featuring most of a speech Nader made in his 2000 campaign. The questions from the audience have been edited out because they were hard to hear. No content has been deleted. I will keep this posted for historical perspective. I produced and directed this no-budget doc. © 2000, 2008 Right-Film Inc. 9 “Eight years ago, consumer advocate Ralph Nader correctly predicted that the Federal Inhabitant Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) were on track to stay on the savings and loan industry of the 1980s and 90s into a huge financial heap of distress. Nobody listened, and taxpayers are now at risk of losing tens of billions of dollars. Wall Road is being shaken to its foundation. American International Group Inc., the largest US insurer by assets, is now teetering on the verge of ruin after suffering losses of $18 billion in the past three quarters, largely due to its sub prime mortgage exposure.” — The Nation 9/16

Alex Jones Tv {Sunday Edition} 2/8: Geithner’s Backdoor Deal with AIG & Mobile ***** Street Scanners

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Alex goes into the top tales of the past week including a tale about mobile ***** body scanners for the streets of america and also brain scanners coming to airports in the future.Yes, it’s 1984 with a Buck Rodgers twist here in the 21st century Control Grid. prisonplanet.tv Geithners Fed told AIG to hide backdoor bailout Homeland Stupidity January 10, 2010 The Federal Set aside Bank of New York, during its $180 billion bailout of American International Group, Inc., instructed AIG to omit details of its buy of certain toxic assets from a December 24, 2008, Securities and Exchange Commission filing, according to e-mails between the company and the Fed released Thursday. Protesters yell at people looking out the windows of an AIG office building during a rally against government bailouts for corporations in April, 2009. Using bailout money provided by the Fed, AIG paid a number of banks 100 percent of the face value of credit-default swaps, contracts tied to subprime home loans, at a time when other institutions were negotiating deep discounts for the paper. The names of the banks were also omitted from the SEC filing. The information was irrevocably told in March 2009 after the SEC challenged AIGs filing, prompting lawmakers and analysts to call the transactions a backdoor bailout of the banks. Topping the list of banks which benefited from the backdoor bailout of their toxic paper were Goldman Sachs and Societe Generale SA. The e-mails, released Thursday by Rep …

Alex Jones Tv {Sunday Edition} 7/8: Geithner’s Backdoor Deal with AIG & Mobile ***** Street Scanners

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Alex goes into the top tales of the past week including a tale about mobile ***** body scanners for the streets of america and also brain scanners coming to airports in the future.Yes, it’s 1984 with a Buck Rodgers twist here in the 21st century Control Grid. prisonplanet.tv Geithners Fed told AIG to hide backdoor bailout Homeland Stupidity January 10, 2010 The Federal Set aside Bank of New York, during its $180 billion bailout of American International Group, Inc., instructed AIG to omit details of its buy of certain toxic assets from a December 24, 2008, Securities and Exchange Commission filing, according to e-mails between the company and the Fed released Thursday. Protesters yell at people looking out the windows of an AIG office building during a rally against government bailouts for corporations in April, 2009. Using bailout money provided by the Fed, AIG paid a number of banks 100 percent of the face value of credit-default swaps, contracts tied to subprime home loans, at a time when other institutions were negotiating deep discounts for the paper. The names of the banks were also omitted from the SEC filing. The information was irrevocably told in March 2009 after the SEC challenged AIGs filing, prompting lawmakers and analysts to call the transactions a backdoor bailout of the banks. Topping the list of banks which benefited from the backdoor bailout of their toxic paper were Goldman Sachs and Societe Generale SA. The e-mails, released Thursday by Rep …