US Political Nonsense

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Entries Tagged ‘AIG’

AIG Failure Not a Bad Thing

One of the biggest excuses in the bailout of AIG has been that the corporation is “too big to fail.”  But does that mean that it would be a bad thing if it did?
Harkin back to years ago, when anti-trust laws were instituted in order to prevent companies from growing too large and holding too [...]

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Obama got an AIG bonus too?

Now this is rather weak, but still holds water in the principle.  Ranking 2nd in the senate, Obama received just over $100,000 in campaign donations from the demonized AIG.
Of course the U.S. government, including the Obama administration, is slamming AIG after it fulfilled contractual obligations (which were allowed through a clause in federal funding from [...]

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