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AIG CEO Robert Benmosche Gets $7 Million Salary
American International Group (AIG) will pay new CEO Robert Benmosche a salary of $7 million dollars per year. AIG received billions of dollars in bailout money from the government earlier this year. The salary has been approved in principly by Washington's new pay czar...Geithner’s Credit Relief Plan Part of Repo Homes Prevention
U.S. Treasury Secretary Timothy F. Geithner has disclosed his credit relief plan to stabilize the financial industry which is expected to lead to reduction in the number of repo homes in the country. " The...
Comprehensive 10 Year Review of AIG's Accounting Practices
AIG now stands for "arrogance, incompetence and greed" ...according to U.S. House Representative Paul Hodes (D-NH). Now it ratchets way up... U.S. Senator Chuck Grassley (R-IA), said AIG executives should follow...
created by danglingwrangler | 32 wks ago | updated 32 wks ago
166 views | 4 recommendations | 1 comment
166 views | 4 recommendations | 1 comment
Bernanke Hopeful of Recovery from Foreclosed Homes
Fed Chairman Bernanke appears hopeful of economic recovery for the country in a rare interview aired on. " Federal Reserve Chairperson Ben Bernanke said in an interview aired on CBS’ television newsmagazine “60... Suit Filed Over AIG’s Promotion of Shariah Law
One week ago today, officials at the Thomas More Law Center announced they had filed a federal lawsuit (pdf) against Treasury Secretary Hank Paulson and the Federal Reserve Board to stop all bailout funds from going to American International Group, Inc., the insurance giant... $700B Bailout Includes Mortgage Relief for Distressed Homeowners
This week the $700 billion bailout legislation was finally approved by the Congress. In addition to the purchase of bad mortgage-related assets from distressed financial corporations, it included measures that will provide assistance to homeowners on the verge of foreclosure.... AIG after bailout scandal, executives party in California
The OC Watchdog Blog has reported that American International Group corporate executives, and representatives of various AIG subsidiaries, were partying in style at the posh St. Regis Monarch Beach Resort (see... 21581 views | 13 recommendations | 64 comments
Lawsuit filed to stop AIG bailout, tax the wealthy instead
A federal lawsuit filed late Thursday on behalf of US taxpayers attempts to put a halt to the AIG bailout. The petition, filed in a US District Court in Albany NY, asserts that the government does not have...
created by Tina Kells | 1 year ago | updated 1 year ago
2004 views | 16 recommendations | 14 comments
2004 views | 16 recommendations | 14 comments
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