Subject:

American International Group Inc.

  • News

    February 29, 2012

    Online Poker Kings Get Cashed Out

    Killing livelihoods and a $2.5 billion industry, the feds attack Internet gambling

  • Blogs

    January 21, 2012

    Wall Street Frat Bros' Party Is Like Vegas With OWS Jokes

    Last night, DealBook posted the story of what happens when a bunch of high powered financial types get together to party. Thursday marked the "annual black tie dinner and induction ceremony" for Kappa Beta Phi (yes, like Phi Beta Kappa, only not), an invite-only, group for master of the universe-ty ... More >>

  • Film

    October 6, 2010

    Feel the Rage All Over Again With Financial Disaster Doc Inside Job

    Last night, DealBook posted the story of what happens when a bunch of high powered financial types get together to party. Thursday marked the "annual black tie dinner and induction ceremony" for Kappa Beta Phi (yes, like Phi Beta Kappa, only not), an invite-only, group for master of the universe-ty ... More >>

  • Film

    September 29, 2010

    Freakonomics Not Exactly the Sum of Its Parts

    Last night, DealBook posted the story of what happens when a bunch of high powered financial types get together to party. Thursday marked the "annual black tie dinner and induction ceremony" for Kappa Beta Phi (yes, like Phi Beta Kappa, only not), an invite-only, group for master of the universe-ty ... More >>

  • Blogs

    September 6, 2010

    Harry Wilson's War: Steve Rattner Credits Much of GM's Rescue to Obscure NY Comptroller Candidate

    NY1​Harry Wilson, the Republican candidate for state comptroller, may not be preparing to turn the extraordinary praise he gets in Steve Rattner's new book, Overhaul, into a TV ad or mailer. But Rattner's remarkable account of Wilson's skillful and tireless contribution to the Obama auto-indus ... More >>

  • News

    August 18, 2010

    Inside Rick Lazio's Biggest Wall Street Deal—The Chummy E-Mails

    Diverting nearly a billion in retiree benefits into subprime risk? Oh, just watch him work the e-mail.

  • Blogs

    May 26, 2010

    Perps Walk! No One Cares! Barack Obama Gently Pulls Probe Out of AIG's Joseph Cassano

    Our question last October, posed by James Lieber: "When Do We Go After the Crooks Behind Our Financial Collapse?" Now we know the answer: Never. Why aren't you more pissed off? Why is this story being underplayed?

  • Blogs

    May 19, 2010

    Goldman Sachs Tries to Uncover the New York Times' 'Shoddy' Reporting, Fails Miserably

    Our question last October, posed by James Lieber: "When Do We Go After the Crooks Behind Our Financial Collapse?" Now we know the answer: Never. Why aren't you more pissed off? Why is this story being underplayed?

  • Blogs

    May 3, 2010

    Eliot Spitzer's Interview at the 92Y: The Full Report

    ​Eliot Spitzer's talk with CBS News analyst Jeff Greenfield was last night at the 92nd Street Y, and it started with Greenfield noting that Spitzer only agreed to talk "without conditions." Needless to say, this had serious potential for all parties involved, especially the audience. And Spitz ... More >>

  • News

    April 13, 2010

    People's Champion? Rick Lazio Is a Wall Street Creature

    His fingerprints are all over the recent economic collapse

  • News

    February 2, 2010

    The Reinvention of Andrew Cuomo

    A Prince of Darkness turns White Knight

  • Blogs

    January 22, 2010

    Bailout to Bailout: Chesley Sullenberger's Junk Plane Will Be Auctioned for Scrap by Junk Company AIG

    Good riddance to an ill-fated plane. The Airbus A320 jetliner that lost a battle with birds and then a life-or-death battle with hero pilot Chesley Sullenberger in last year's "Miracle on the Hudson" is finally headed for the auction block and then the scrap heap. Shortly after the one-year anniv ... More >>

  • News

    January 5, 2010

    Hopping Around Wall Street's Holiday Parties—Or Lack Thereof

    Good riddance to an ill-fated plane. The Airbus A320 jetliner that lost a battle with birds and then a life-or-death battle with hero pilot Chesley Sullenberger in last year's "Miracle on the Hudson" is finally headed for the auction block and then the scrap heap. Shortly after the one-year anniv ... More >>

  • News

    October 27, 2009

    We've Bailed out the Banks. When Do We Go After the Crooks Behind our Financial Collapse?

    Good riddance to an ill-fated plane. The Airbus A320 jetliner that lost a battle with birds and then a life-or-death battle with hero pilot Chesley Sullenberger in last year's "Miracle on the Hudson" is finally headed for the auction block and then the scrap heap. Shortly after the one-year anniv ... More >>

  • Blogs

    May 21, 2009

    Barrett: All Bloomie's Rich Friends

    Mayor Mogul stepped on his own tongue yesterday while explaining away the Grand Poobah confab he attended with buddies Bill Gates, Warren Buffett, Ted Turner, the Rockefellers and Oprah, revealed in the Times today. "All my friends are philanthropic, or they probably wouldn't be my friends," he said ... More >>

  • Blogs

    May 13, 2009

    Obama Asks Congress for Power to Regulate Derivatives

    We're pleased to see the Obama Administration has asked for new powers to regulate the trading of derivatives -- those "financial instruments" by means of which, in the good old days, big banks shuttled bundles of debt back and forth, creating the illusion of economic health until it all went to shi ... More >>

  • Blogs

    May 1, 2009

    Gucci Mane Has Ice To Spare

    Fuck mortgage-backed securities, default credit swaps, AIG, Fanny Mae, Freddy Mac, Alan Greenspan, George W. Bush, Citigroup, Chrysler, Washington Mutual, Bernie Madoff, Sir Allen Stanford, Henry Paulson, Timothy Geithner, suicide loans, TARP, GM, Wells Fargo, Jerome Kerviel, al-Qaeda, Iran, Osama b ... More >>

  • Blogs

    April 6, 2009

    How Rightbloggers Made "Fascist" the New "Socialist"

    Rightbloggers talked a lot over the past eight years about Bush Derangement Syndrome, liberal sufferers of which thought Bush engaged in a totalitarian overthrow of our liberties. One of the symptoms was calling the President a fascist. "A strong word to fling about," warned The Anchoress, who not ... More >>

  • Blogs

    March 26, 2009

    Cuomo Subpoenas AIG Again -- This Time Going After the Big Cheese?

    Why won't people leave AIG alone? This one poor AIG guy had to work all year for a lousy $742,000. And still we persecute them! Andrew Cuomo, who previously subpoenaed AIG for their bonus babies' names, is now subpoenaing them about their Financial Products division's credit default swaps -- which ... More >>

  • Blogs

    March 25, 2009

    AIG Guy Quits, Rightbloggers Weep at Injustice

    A resignation letter from an AIG executive, Jake DeSantis, to boss Ed Liddy, long and full of hurt feelings ("you failed to stand up for us in the face of untrue and unfair accusations from certain members of Congress last Wednesday... you didn't defend us against the baseless and reckless comments ... More >>

  • Blogs

    March 24, 2009

    AIG, Bad Banks, Wall Street: The Story So Far

    Andrew Cuomo announces that a portion of the contentious AIG bonuses, which he used the full force and majesty of his office to investigate, are being returned. Face is saved, anger abated, plans for summer homes in Biarritz scrapped. This gives cover for the Senate to postpone its vote on the punit ... More >>

  • Blogs

    March 24, 2009

    Geithner, Bernanke Inform Congress of Fascist Takeover Plan

    As expected, Treasury Secretary Geithner and Fed head Bernanke are on the Hill telling Congress they need the power to take over non-bank financial institutions like AIG to prevent our recent disasters from happening again. At today's hearings Republicans, not yet having talking points from Rush Lim ... More >>

  • Blogs

    March 20, 2009

    Cheek, In Review: 7 Days of Runnin' Scared

    And how was your week? Our week began with a Top Model riot and ended with a days-long pitchfork uprising over A to the I to the G, ad nauseum. But we had some fun in between. Surely the highlight of the week was our Bill O'Reilly audio porn, which drew the attention of many hardcore aficionados ... More >>

  • Blogs

    March 19, 2009

    AIG Blame Gets Passed Around

    Everyone remains angry at AIG, but as the first rage-wave subsides, some parties are looking to affix blame on persons rather than initials. Some notice that Chris Dodd did not end the bonuses in the terms of the bailout legislation. But as that directive came from Treasury, blame also falls on Secr ... More >>

  • Blogs

    March 19, 2009

    House Votes 90 Percent Tax on AIG, Other Bonuses

    The House just passed a bill to "levy a 90 percent tax on bonuses paid to employees with family incomes above $250,000 at companies that have received at least $5 billion in government bailout money," says AP. (Reason's David Weigel calls it the "Fuck you, AIG" bill.) We'll see whether this hastily- ... More >>

  • Blogs

    March 19, 2009

    Bloomberg: Releasing Bonus Names is 'Snooping'

    The House just passed a bill to "levy a 90 percent tax on bonuses paid to employees with family incomes above $250,000 at companies that have received at least $5 billion in government bailout money," says AP. (Reason's David Weigel calls it the "Fuck you, AIG" bill.) We'll see whether this hastily- ... More >>

  • Blogs

    March 19, 2009

    Cuomo Gets AIG Bonus Names, Will Get Merrill Lynch's, Too

    Nobody fucks with steamroller Cuomo! Not only has AIG given up the names of its controversial bonus recipients, for which Cuomo subpoenaed them -- Bank of America has just agreed to give Cuomo the names of the Merrill-Lynch bonus-takers who absconded with $4 billion just before bailout basket case B ... More >>

  • Blogs

    March 18, 2009

    Judge Slaps BOA/Merrill, Clears Way for Cuomo Investigation

    While everyone was freaking out over AIG bonuses, Andrew Cuomo won a victory in his attempt to get justice on the $4 billion in Merrill Lynch bonuses that were outraging us back in January. A judge has ruled that Cuomo may disclose the names of the Merrill bonus execs whom he has subpoenaed in the c ... More >>

  • Blogs

    March 17, 2009

    Everyone Mad at AIG, Some Murderously So

    With Bernie Madoff safely locked away, the nation is turning its righteous indignation toward AIG, which has been taking our tax dollars and giving them to other failed businesses and its own failed executives. Charles Grassley of the senate finance committee suggested those excecutives kill thems ... More >>

  • Blogs

    March 16, 2009

    AIG Bonuses, "Counterparty" Payments Pissing Everyone Off (Updated)

    Barack Obama has been hassling AIG since before he was President, but has been going along with their standing bailout plan. Now that it's revealed AIG is paying out another $165 million in bonuses, Obama is joining Andrew Cuomo*, Barney Frank, Russ Feingold and others in clamoring to get the money ... More >>

  • Blogs

    February 10, 2009

    The economy needs steroids, but Alex Rodriguez confesses he took 'em

    The Congo War: a report by Al Jazeera from this past November. The deadliest war since World War II — the slaughter in the Congo — drags on and on amid relatively little notice. Arabs and Jews are still killing each other, and Israel's about to elect an even harder-line government. ... More >>

  • Blogs

    February 10, 2009

    Geithner Unveils Plan, Stocks Plummet

    This morning Treasury Secretary Geithner unveiled the new $2 trillion bank bailout plan, which as previously reported counts on private investors to buy up some "bad assets" of troubled banks in order to unclog their pipes and get them lending again. The New York Times helpfully puts a graph on its ... More >>

  • Blogs

    February 9, 2009

    Nissan crashes; hedge funds lick chops; incoming Israel govt. may take 'harder line'

    Harkavy Plans are moving apace to purposely set up a "toxic bank" full of poisonous assets to further bail out those banks that had greedily and recklessly accumulated them. Call it Shitibank. And give it the naming rights to the new baseball stadium for the New York Mets, taking the moniker awa ... More >>

  • News

    January 28, 2009

    What Cooked the World's Economy?

    It wasn't your overdue mortgage.

  • Blogs

    January 5, 2009

    Crash of '08 Memorabilia Now Bolstering Economy

    The recently fashionable practice of hawking disgraced ponzi-meister Bernie Madoff items on eBay has spread to most of the other firms which have tanked in recent months.Why people would want items commemorating vast, endemic fraud and even worse bumbling is beyond us. But, we did a search, and, hey ... More >>

  • Blogs

    December 29, 2008

    Brett Favre just the last bailout to fail New York City. Next star in East? Caroline Kennedy.

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    December 19, 2008

    Clinton Donations Report Spreads Badly Needed Cynicism

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    December 10, 2008

    Real motherfuckers: AIG still hands out bonuses

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    December 9, 2008

    Wayne Barrett: Ed Towns, Watchdog? Has Congress Forgotten Ed's Past?

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    November 10, 2008

    Financial Industry Rushes to Screw Us More Before Obama Gets In

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    October 15, 2008

    Cuomo sees light, follows profit

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    October 8, 2008

    Daily Flog: Desperate McCain embraces socialism

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Blogs

    October 6, 2008

    Daily Flog: Celebrity roast of Lehman on Capitol Hill

    Well, just another bailout that didn't work. Brett Favre was supposed to save the New York Jets, which would have made the city's sports fans happy, though not as happy as those Wall Streeters in their stadium skyboxes. But in the middle of a boom — the Jets were 8-3 and seemed a cinch for th ... More >>

  • Columns

    October 1, 2008

    Six Signs of a Sick Economy

    Read this and then start hunting for some recession-proof bargains

  • Columns

    September 23, 2008

    The Backstory of the Financial Collapse

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • Blogs

    September 22, 2008

    Bush Bailout? Rightbloggers Say OK -- Fight Hackers, Sandra Bernhard Instead!

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • Blogs

    September 22, 2008

    Daily Flog: In NYC, the end of the houses that Ruth and ruthlessness built

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • Blogs

    September 21, 2008

    Mayor On MTP: Taxes to Preserve Our "Future"

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • Blogs

    September 17, 2008

    Daily Flog: Deep inside AIG -- the profits of doom

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • Blogs

    September 15, 2008

    Daily Flog: Wall Street's broken brokers go for broke; McCain's lie is buried by meltdown news

    Call it Gall Street. How else to describe an industry that applauds nearly $500 million in bonuses for executives taking an entire economy down with them?

  • More >>
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