March 23 at 6:54PM
AIG? What's an AIG? I Don't Even Know What You're Talking About.
Washington won't have AIG to kick around anymore.
So, it'll have to start kicking around AIU instead…
While it remains to be seen whether the move will distance the insurer from its many scandals, AIG will now be called AIU Holdings Ltd.
Over the weekend, workmen removed the sign from the company's Water Street offices; it has yet to install the sign carrying its new name.
Isn't that cool how all you have to do is change one letter in your your name and all of a sudden, you're a completely different entity?
It's truly amazing. Every single little bit of my anger at those self-serving assholes has suddenly melted away. I'm not even a little bit infuriated anymore. It musta been that G. That G must have been the problem all along.
PERMALINK:
RSS
Forget the insurers did everyone read how "the banks are "slow-walking" the stress tests and threatening not to help get credit flowing" because they are upset with all the talk about bonuses?
These guys hold the world economy hostage for a frigging one million dollar bonus?!?! Who do they think they are? Dr Evil?
And I say world economy because I dare anyone to read the world bank analysis of the situation and no be angry with anyone who casually considers whether or not to get involved in trying to prevent things from getting worse.
I was just thinking how much I agree with the recent XKCD comic, and how disturbing it is that a Bill Maher guest could say something like "but the bonuses are only one percent of the AIG bailout" and that would be some of the most informed public debate all week eventhough its of by a factor of TEN!
So, suffice to say, I don`t care much for all the bonus talk… but then I read this.
Don`t we mostly agree that a US President might reasonably decide bomb nuclear facilities full of unarmed engineers to prevent people like Kim Jong Il from holding Seoul hostage with a nuke? People might disagree but few would say this would be a senseless bloodthirsty act without any possible justification.
So how is it a thirty something year old trust fund baby investment banker gets to hold the world economy hostage and live? Forget anything I said about black sites, rendition, Dick Cheney and Abu Ghraib if these F#$ers withhold information they can get computers to spit out in seconds but dont because they think their million dollar faux castles are more important than the hundreds of millions of jobs worldwide for people clinging to the povertyline then I say F@#$ them and their pin stripes just kidnap em and torture them until they give up the information! Jack Bauer is too kind for these f@#ers.
Hell, I would have doubled their bonuses with tax dollars if it meant getting that much vicious conniving cleverness to work for the public good instead of a handful of voting shareholders, but you just don`t get to f#$k with the economy of everyone in the world like that.
Seriously, Chaves is right lets nationalize the lot by force. Its not like the sight of armed guys around bank buildings is unheard of after 9/11 anyway. Sure there wont any economic growth ever but at least if key people refuse to work it will be in a strike for a few percent on top of civil service salaries for thousands of people. Oh and they will try and make sure the resulting chaos is contained.
I hope that the NSA is working its ass of to make sure the government knows exactly what the bank balance sheets really look like regardless of what kind of rosy numbers these people might eventually choose to give if they get around to it and feel their bonuses are satisfactory.
Eh, no, the whole problem is these guys 1. still get a lot of money from our society and 2. they still are in their job. If they had vanished (untrue) because all the profits they made (untrue) were going to others (untrue) then someone, anyone, could take their place and order the accountants to "do that stress test thingy" and "from now on only lend money to people who have a job because apparently ninja isn`t a job" and then we wouldn`t get the endless stories about people who live on the trashpiles of the developing world loosing their biggest source of incoming because the price of the cardboard they collect has collapsed.
очень интересно…
Washington won't have AIG to kick around[...]…
All this talk and anger with AIG yet nothing has come of it but a name change? Is that like claiming bankruptcy and starting over again? It's been weeks now, who is going down for all of this?
цитируем…
Washington won't have AIG to kick around[...]…
Better headline: "Ain't nothin' but a G thang, baby."
In other news: Former vice president candidate Sarah Falin has commented on her increasing approval rating ever since her name change..
Did they just rotate that G counterclockwise? They're so lazy over there I bet that's what they did.