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kpete (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:31 PM Original message |
AIG Warned of 'Crisis' if Government Didn't Help-Draft-Obtained by ABC-Dated 4 Days Before Bailout |
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armodem08 (186 posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:32 PM Response to Original message |
1. Fucking extortion artists... n/t |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 02:31 PM Response to Reply #1 |
54. if you want us to repay you...heh-heh...then you will give us more of your damned money |
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OhioChick (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:33 PM Response to Original message |
2. Treasonous Bastards. n/t |
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Tandalayo_Scheisskopf (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:34 PM Response to Original message |
3. As fine an example... |
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TheEuclideanOne (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:59 AM Response to Reply #3 |
41. Yeah....dat's a nice economy ya got dere.... |
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spag68 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:40 PM Response to Reply #41 |
59. Italian accent |
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TheEuclideanOne (1000+ posts) Send PM | Profile | Ignore | Wed Mar-11-09 09:05 AM Response to Reply #59 |
62. Sorry, didn't mean to offend |
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bananas (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:36 PM Response to Original message |
4. That's what Rockefeller told Carter in 1979 |
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Blackhatjack (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:50 PM Response to Original message |
5. Keep in mind that AIG was always a 'pass through' for taxpayer $$ ... |
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valerief (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 07:19 AM Response to Reply #5 |
29. and I thought the Pentagon was our biggest money launderer. nt |
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Triana (1000+ posts) Send PM | Profile | Ignore | Mon Mar-09-09 11:56 PM Response to Original message |
6. How is this different than the Somali Pirates? n/t |
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neuvocat (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:03 AM Response to Reply #6 |
7. Pirates are better liked. |
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Tansy_Gold (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:05 AM Response to Reply #7 |
8. And more honest. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:23 AM Response to Reply #6 |
12. Somali pirates aren't asking for $200Billion from the US taxpayer. |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 02:40 PM Response to Reply #6 |
55. Pirates spread the wealth at home -- Bankers tuck it away in off-shore accounts |
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Blackhatjack (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:10 AM Response to Original message |
9. Ahhh... Here is a telling paragraph which I believe is the linchpin of AIG's extortion request... |
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BelgianMadCow (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 05:10 AM Response to Reply #9 |
19. spot on. It's back up or else.. |
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Sarah Ibarruri (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:13 AM Response to Original message |
10. I just have one question - why aren't these f____ers not in jail? All of them... |
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valerief (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:56 AM Response to Reply #10 |
27. I guess they still control the keys to the cells. nt |
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Blackhatjack (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:21 AM Response to Original message |
11. IS ANYONE ELSE READING the actual report at the LINK? This is devastating news .... |
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rainy (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:13 AM Response to Reply #11 |
23. posting so I can come back to this. nt |
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Blackhatjack (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 12:44 AM Response to Original message |
13. AIG Fin Products Corp has $1.6 TRILLION in notional DERIVATIVES EXPOSURES ... |
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Frank Booth (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:07 AM Response to Reply #13 |
14. Take a look at this. It's kinda scary: |
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valerief (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 07:01 AM Response to Reply #14 |
28. Declare derivatives illegal and invalidate all pending claims. Can that be done? nt |
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fed_up_mother (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:04 AM Response to Reply #14 |
32. That is one scary bit of information. Time to stock up on beans and rice. :( |
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RUMMYisFROSTED (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:44 AM Response to Reply #14 |
40. IIrc, $596T would be over 8 times the total global money supply. nt |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:54 PM Response to Reply #14 |
50. Please help me understand this. |
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Frank Booth (1000+ posts) Send PM | Profile | Ignore | Wed Mar-11-09 01:00 AM Response to Reply #50 |
61. I agree. Plus, assuming that the underlying credit on the CDS hasn't defaulted, the only |
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JDPriestly (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 02:03 AM Response to Reply #13 |
18. We should be trying to get back the money AIG paid its management and board |
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waiting for hope (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 10:24 AM Response to Reply #18 |
42. Repossess all of their material assets - |
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DemReadingDU (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:45 AM Response to Reply #13 |
36. Thank you for reading and summarizing, n/t |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:50 PM Response to Reply #13 |
49. And a lot of that is those "credit default swaps" |
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Bread and Circus (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:29 AM Response to Original message |
15. LOL I have a life insurance policy with AIG so that if I die my family is taken care of... |
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fasttense (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:30 AM Response to Reply #15 |
24. Your supposed life insurance is only as good as the corporation |
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Grinchie (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 07:49 AM Response to Reply #24 |
30. Well said. Lot's of people look at the mistakes of the Auto industry and want to run away. |
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HarukaTheTrophyWife (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:01 AM Response to Reply #15 |
38. Your life insurance policy is secure |
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Bread and Circus (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 10:28 AM Response to Reply #38 |
43. thanks for that info, and the poster above you. I will check w/ m ins. agent. |
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wroberts189 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:39 AM Response to Original message |
16. They suckered us ..not all of us ..but those with power without a clue... |
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Blackhatjack (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:56 AM Response to Original message |
17. The way I read this the US Govt is paying off the criminals with taxpayers' money ..... |
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fed_up_mother (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:06 AM Response to Reply #17 |
33. What I want to know is why is Obama involved in this payoff |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Wed Mar-11-09 02:16 PM Response to Reply #33 |
64. How much did AIG contribute to Obama's campaign? |
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DemReadingDU (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:48 AM Response to Reply #17 |
37. 'unfathomable wealth' for some individuals |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:47 PM Response to Reply #17 |
48. Or using it to cover it up |
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Optical.Catalyst (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 05:35 AM Response to Original message |
20. So AIG set itself up under the Bush Administration to steal taxpayer dollars for a generation |
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dipsydoodle (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 05:46 AM Response to Original message |
21. Yes folks - it's time for Blackmail |
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liberal N proud (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:09 AM Response to Original message |
22. It is the same fucking fear tactics used by the bu$h regime |
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valerief (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:53 AM Response to Original message |
25. Disaster Econ 101. nt |
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Christa (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 06:54 AM Response to Original message |
26. K & R nt |
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varelse (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 07:53 AM Response to Original message |
31. We're being held up and robbed |
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harun (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:12 AM Response to Reply #31 |
34. Looting their customers, shareholders and employess wasn't enough |
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antimatter98 (537 posts) Send PM | Profile | Ignore | Tue Mar-10-09 08:33 AM Response to Original message |
35. This is how corporations run the government--we only see the tip of the iceberg. |
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jwirr (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:43 AM Response to Original message |
39. Has anyone here read John Kerry's book The New War? I have it but |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:56 PM Response to Reply #39 |
51. Because maybe Obama is beholden to them as well. nt |
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Jefferson23 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 10:44 AM Response to Original message |
44. Bernanke Blasts AIG For 'Irresponsible Bets' That Led to Bailouts |
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CJCRANE (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 11:11 AM Response to Original message |
45. There were no al-Qaeda sleeper cells in America after 9/11 |
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Karenina (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 11:25 AM Response to Reply #45 |
46. Heck of a job, eh? |
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glitch (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 04:29 PM Response to Reply #45 |
56. Perhaps you should broaden your definition of al-Qaeda sleeper cells |
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Marie26 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:45 PM Response to Original message |
47. Let it burn |
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Sultana (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 01:58 PM Response to Original message |
52. I say let AIG go under, fuck them |
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sce56 (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:27 PM Response to Reply #52 |
58. I'm with ya there |
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Sultana (1000+ posts) Send PM | Profile | Ignore | Wed Mar-11-09 02:24 PM Response to Reply #58 |
65. Hell ya! |
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high density (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 02:16 PM Response to Original message |
53. No more "too big to fail" companies |
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McCamy Taylor (1000+ posts) Send PM | Profile | Ignore | Tue Mar-10-09 09:11 PM Response to Original message |
57. AIG held out insurance hostage so we would pay the bad mortgage debts of |
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JFKfanforever (145 posts) Send PM | Profile | Ignore | Tue Mar-10-09 11:02 PM Response to Reply #57 |
60. Follow the money! Here's an AIG >>> BANKS money trail for you |
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Supersedeas (1000+ posts) Send PM | Profile | Ignore | Wed Mar-11-09 01:20 PM Response to Original message |
63. trying to reconcile the Republicon argument that neither the rich nor the poor need gov help or |
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