AIG= Assholes Idiots and Greedheads

FOUR20 SWG

Active Member
Watch AIG try and renege some of the $22.7Billion that it paid in interest for the $182Billion bailout we gave them.

Even as I write this, they are meeting in NY to discuss whether or not to join a suit being brought by a former chief exec Maurice Greenberg against the Fed for "loansharking" essentially.

Now I'm sure most of you, like me, have seen the recent ad campaign where AIG "Thanked America" and touted how they repaid their debt, are fixing disaster zones. Yadda yadda.

Not even 6 months later. No, not even 6 weeks later. Here they are, contemplating SUING THE FEDERAL RESERVE because they now feel (a couple years and a couple hundred billion dollars later) that the terms of the deal they agreed to should not be binding because they're "unfair". Really?

Anybody on here try to skip out on a mortage payment because they thought it was "unfair"? If so, i'm guessing it didn't workout quite so well as it probably will for these slimbags. At most, they will have their already tarnished image run through the mud once or twice and then it'll be back to the sappy advertisements.

We can barely support ourselves as a nation right now (thanks in large part to corporate greed and beauracratic incompetence) and now they want to steal from us again, at a time when we can't even loosen the pursestrings to help disaster victims like those affected by Sandy. Fuck AIG and every other boardroom raider posse out there.

This shit is disgusting.
 

st0wandgrow

Well-Known Member
We should be voting for corporate executives instead of politicians seeing as how they run the country anyway.
 

FOUR20 SWG

Active Member
drag the ceo's out of the building n shoot them in the head!
We just need people in charge of these companies to realize that they serve us, not the other way around.

Cuts to social programs are unacceptable given the ammount of lee-way and privilege we extend to big biz.

Wall St needs to pick up the slack where Main St can no longer afford to bear the load.
 

echelon1k1

New Member
Watch AIG try and renege some of the $22.7Billion that it paid in interest for the $182Billion bailout we gave them.

Even as I write this, they are meeting in NY to discuss whether or not to join a suit being brought by a former chief exec Maurice Greenberg against the Fed for "loansharking" essentially.

Now I'm sure most of you, like me, have seen the recent ad campaign where AIG "Thanked America" and touted how they repaid their debt, are fixing disaster zones. Yadda yadda.

Not even 6 months later. No, not even 6 weeks later. Here they are, contemplating SUING THE FEDERAL RESERVE because they now feel (a couple years and a couple hundred billion dollars later) that the terms of the deal they agreed to should not be binding because they're "unfair". Really?

Anybody on here try to skip out on a mortage payment because they thought it was "unfair"? If so, i'm guessing it didn't workout quite so well as it probably will for these slimbags. At most, they will have their already tarnished image run through the mud once or twice and then it'll be back to the sappy advertisements.

We can barely support ourselves as a nation right now (thanks in large part to corporate greed and beauracratic incompetence) and now they want to steal from us again, at a time when we can't even loosen the pursestrings to help disaster victims like those affected by Sandy. Fuck AIG and every other boardroom raider posse out there.

This shit is disgusting.
The balls on these fuckers... Done the same things here couple of years back. Took the bailout then told everyone affected by floods go fuck yourselfs...
 

FOUR20 SWG

Active Member
The balls on these fuckers... Done the same things here couple of years back. Took the bailout then told everyone affected by floods go fuck yourselfs...

That's fucked. And the crazy part?

We never hear a thing about it overhere.

When the people who pay for the news are the ones robbing ya blind, how do you get the word out I guess..

Crooked suits run the world nowadays I suppose.

Maybe soon we might all take a look around and see what the reality is. But I doubt it.
 

echelon1k1

New Member
We just need people in charge of these companies to realize that they serve us, not the other way around.

Cuts to social programs are unacceptable given the ammount of lee-way and privilege we extend to big biz.

Wall St needs to pick up the slack where Main St can no longer afford to bear the load.
Corporate Personhood needs to be abolished. Apparently the founding fathers too, took issue with the above, limiting incorporation to organisations that would give back to the public.
Maybe to right this ship we must demand;

- Corporate charters (licenses to exist) be granted for a limited time and could be revoked for violating laws.
- Corporations can engage only in activities necessary to fulfill their chartered purpose.
- Corporations can not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
- Corporations can be terminated if they exceeded their authority or caused public harm.
- Owners and managers WILL BE responsible for criminal acts committed by the company (HSBC comes to mind)
- Corporations can not make any political or charitable contributions nor spend money to influence law-making through direct or indirect lobbying
- Revolving Door between Big Business & Government positions must be closed (Goldman Sachs, Monsanto etc)

Just mho
 

cannabineer

Ursus marijanus
Corporate Personhood needs to be abolished. Apparently the founding fathers too, took issue with the above, limiting incorporation to organisations that would give back to the public.
Maybe to right this ship we must demand;

- Corporate charters (licenses to exist) be granted for a limited time and could be revoked for violating laws.
- Corporations can engage only in activities necessary to fulfill their chartered purpose.
- Corporations can not own stock in other corporations nor own any property that was not essential to fulfilling their chartered purpose.
- Corporations can be terminated if they exceeded their authority or caused public harm.
- Owners and managers WILL BE responsible for criminal acts committed by the company (HSBC comes to mind)
- Corporations can not make any political or charitable contributions nor spend money to influence law-making through direct or indirect lobbying
- Revolving Door between Big Business & Government positions must be closed (Goldman Sachs, Monsanto etc)

Just mho
Trouble is, anticorruption laws tend to work poorly. They are beset by the twin burdens of ineffectiveness and unintended consequences. I doubt a truly effective law could be pushed past the five-hundred-plus stewards of the status quo. cn
 
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