HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Someone explain this to m...
Introducing Discussionist: A new forum by the creators of DU

Tue Jan 8, 2013, 09:46 PM

Someone explain this to me: RE: AIG

How can they on one hand, put out a "Thank You, America" ad campaign thanking US for bailing their sorry asses out, and on the other hand, simultaneously sue our government, read-we taxpayers, because they do not like the terms of the "already paid back" bailout?

16 replies, 914 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 16 replies Author Time Post
Reply Someone explain this to me: RE: AIG (Original post)
GObamaGO Jan 2013 OP
arthritisR_US Jan 2013 #1
GObamaGO Jan 2013 #3
arthritisR_US Jan 2013 #5
banned from Kos Jan 2013 #2
arthritisR_US Jan 2013 #7
GObamaGO Jan 2013 #10
arthritisR_US Jan 2013 #13
customerserviceguy Jan 2013 #9
JDPriestly Jan 2013 #15
JaneyVee Jan 2013 #4
arthritisR_US Jan 2013 #8
Angry Dragon Jan 2013 #6
Nye Bevan Jan 2013 #11
Angry Dragon Jan 2013 #12
geckosfeet Jan 2013 #14
longship Jan 2013 #16

Response to GObamaGO (Original post)

Tue Jan 8, 2013, 09:48 PM

1. Because they are greedy, ungrateful sods who

should be frog marched into prison !

Reply to this post

Back to top Alert abuse Link here Permalink


Response to arthritisR_US (Reply #1)

Tue Jan 8, 2013, 09:52 PM

3. I completely agree

The ads were enough to make my head explode. Hearing about the possible lawsuit brought that to an entirely new level of beyond the pale.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Reply #3)

Tue Jan 8, 2013, 09:54 PM

5. Takes some real hubris to pull off their latest

crap, nothing that prison might straighten out

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Original post)

Tue Jan 8, 2013, 09:49 PM

2. Its the shareholders suing the US government - not the company.

 

Although the company is considering it too.

But dealing with pissed off shareholders is not something they want to do either. In the end they won't join the lawsuit which is destined to fail anyway.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to banned from Kos (Reply #2)

Tue Jan 8, 2013, 09:59 PM

7. I did not know that. The suing shareholders

names should be published so they can enjoy their time in the limelight.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to arthritisR_US (Reply #7)

Tue Jan 8, 2013, 10:14 PM

10. I really like how you think!


Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Reply #10)

Tue Jan 8, 2013, 10:24 PM

13. Thanks! Wish we could get some law makers

on board!

Reply to this post

Back to top Alert abuse Link here Permalink


Response to banned from Kos (Reply #2)

Tue Jan 8, 2013, 10:11 PM

9. I figured that's why the company ran the commercials a few days ago

they had some advanced notice that this shareholder was going to do something extremely stupid. Otherwise, why would they spend money on advertising?

I figure this is going nowhere, otherwise the American public would retalitate big time. AIG cannot afford to look like PIG.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to banned from Kos (Reply #2)

Tue Jan 8, 2013, 11:29 PM

15. How can the shareholders prove they were damaged.

Any claim about losses would be strictly speculative since the entire company was on the brink of failure. That's my impression, but maybe I am missing something here.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Original post)

Tue Jan 8, 2013, 09:53 PM

4. Privatize the profits, socialize the losses.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to JaneyVee (Reply #4)

Tue Jan 8, 2013, 10:00 PM

8. That is their mantra. n/t

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Original post)

Tue Jan 8, 2013, 09:55 PM

6. the shareholders should sue AIG

throw the Board of Directors and execs in prison

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Angry Dragon (Reply #6)

Tue Jan 8, 2013, 10:14 PM

11. What crime do you believe the Board of Directors committed? (nt)

Reply to this post

Back to top Alert abuse Link here Permalink


Response to Nye Bevan (Reply #11)

Tue Jan 8, 2013, 10:18 PM

12. fiscal malfeasance

and I am trying to fill up the republican private prisons

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Original post)

Tue Jan 8, 2013, 10:36 PM

14. What's to explain? It should be obvious. They are mercenary, backstabbing, black hearted psychopaths

who care only about sucking the life blood out of anything unfortunate enough to cross their path.

Reply to this post

Back to top Alert abuse Link here Permalink


Response to GObamaGO (Original post)

Wed Jan 9, 2013, 12:46 AM

16. The same corporate malfeasance that gave rise to Joseph Cassano!

And here he is:


He is the single guy who crashed the world economy. BTW, he isn't in prison because what he did was all legal.

Read about it here: The Big Short: Inside the Doomsday Machine, by Michael Lewis.

We're screwed. The 2008-2009 bailouts were orchestrated by the very institutions that caused a near global economic meltdown.

Another read which will have you sick to your stomach: Too Big To Fail by Andrew Ross Sorkin. The story behind Treasury's 800 billion dollar bailout. Also, a good HBO movie: here. An all star cast. Scary shit went down; and Paulson did not have a clue of what was happening. They were more worried about politics.

And it hasn't changed since then.

Reply to this post

Back to top Alert abuse Link here Permalink

Reply to this thread