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AIG Rescue at Hand: Government to Take 80% Stake in Exchange for $85 Billion

National News • September 16, 2008
An $85 billion government rescue of insurer American International Group Inc. looked increasingly likely Tuesday to stave off a bankruptcy that would have thrown world markets back into ...

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Subject: BOD

Posted On: September 17, 2008, 12:44 pm CDT
Posted By: Bang
Comment:
Remember these names.
These infamous AIG board members who steered the largest insurance co to the brink of insolvency and gave the government 80% of the firm for a line of credit at 12%.

Stephen F. Bollenbach
Former Co-Chairman and Chief Executive Officer
Hilton Hotels Corporation

Martin S. Feldstein
Professor of Economics
Harvard University
President Emeritus
National Bureau of Economic Research

Fred H. Langhammer
Chairman, Global Affairs
Former Chief Executive Officer
The Estée Lauder Companies Inc.

George L. Miles, Jr.
President and Chief Executive Officer
WQED Multimedia

Suzanne Nora Johnson
Senior Director
Former Vice Chairman
The Goldman Sachs Group, Inc.

Morris W. Offit
Chairman
Offit Capital Advisors LLC
Founder and Former
Chief Executive Officer OFFITBANK

James F. Orr III
Chairman of the Board of Trustees
The Rockefeller Foundation

Virginia M. Rometty
Senior Vice President
Global Business Services
IBM Corporation

Michael H. Sutton
Consultant
Former Chief Accountant of the United States Securities and
Exchange Commission

Edmund S. W. Tse
Senior Vice Chairman, Life Insurance
American International Group, Inc.

Robert B. Willumstad
Chairman and Chief Executive Officer
American International Group, Inc.
Subject Posted By Posted On
To Mike, we are in agreement... Free Market
Sep 22, 2008, 11:08 am
The REAL WORLD.........To Free Market Mike
Sep 22, 2008, 9:18 am
RE: The REAL WORLD......... Free Market
Sep 19, 2008, 4:27 pm
RE: The REAL WORLD......... Free Market
Sep 19, 2008, 3:52 pm
RE: RE: RE: The REAL WORLD......... Peon...
Sep 18, 2008, 9:37 pm
RE: RE: The REAL WORLD......... Sorry Peon...
Sep 18, 2008, 7:00 pm
RE: RE: RE: The REAL WORLD......... Peon...
Sep 18, 2008, 5:30 pm
RE: RE: The REAL WORLD......... Mike
Sep 18, 2008, 3:57 pm
RE: The REAL WORLD......... Peon...
Sep 18, 2008, 3:46 pm
RE: The REAL WORLD......... Joe Mama
Sep 18, 2008, 12:40 pm
The REAL WORLD......... Mike
Sep 18, 2008, 10:57 am
RE: Who Is to Blame? - Amen Peon Agent
Sep 18, 2008, 10:50 am
RE: RE: RE: The REAL WORLD......... Peon Agent
Sep 18, 2008, 10:47 am
Who Is to Blame? FOWIF
Sep 18, 2008, 9:39 am
RE: RE: RE: The REAL WORLD......... Joe Mama
Sep 18, 2008, 8:25 am
RE: RE: The REAL WORLD......... Mike
Sep 18, 2008, 8:09 am
RE: The REAL WORLD......... Joe Mama
Sep 18, 2008, 8:00 am
The REAL WORLD......... Mike
Sep 18, 2008, 7:46 am
RE: Let's get real - - -OK Free Market
Sep 17, 2008, 7:55 pm
RE: RE: Let's get real - - -OK Peon Agent - Again
Sep 17, 2008, 6:44 pm
RE: RE: Let's get real - - -OK Peon Agent - Smiling
Sep 17, 2008, 6:42 pm
RE: Let's get optimistic Peon Agent
Sep 17, 2008, 6:27 pm
RE: It's a 24 month loan... Peon Agent
Sep 17, 2008, 6:21 pm
RE: QBE & IAG Cincy Agent
Sep 17, 2008, 5:34 pm
Fed Gov't and Forced Regulation... Vlad
Sep 17, 2008, 5:11 pm
RE: RE: Let's get real - - -OK Pirlk Pigler
Sep 17, 2008, 4:57 pm
RE: Let's get real - - -OK Pirk Pigler
Sep 17, 2008, 4:54 pm
RE: Let's get real - - -OK DDD
Sep 17, 2008, 4:41 pm
RE: Let's get real - - -OK Pirk Pigler
Sep 17, 2008, 4:29 pm
Let's get real - - -OK Mike
Sep 17, 2008, 3:58 pm
RE: RE: RE: Let's get real Peon Agent
Sep 17, 2008, 3:34 pm
Mongoose Reply RayGunZap
Sep 17, 2008, 3:14 pm
RE: Senseless Rants Joe Mama
Sep 17, 2008, 3:02 pm
Look on the bright side case
Sep 17, 2008, 2:53 pm
RE: Senseless Rants susp
Sep 17, 2008, 2:48 pm
Senseless Rants Pirk Pigler
Sep 17, 2008, 2:32 pm
RE: RE: Republicans beginning to see the light Liberal
Sep 17, 2008, 2:19 pm
Illuminati Plan...... .....
Sep 17, 2008, 1:54 pm
QBE & IAG Aussies are safe
Sep 17, 2008, 1:52 pm
BOD Bang
Sep 17, 2008, 12:44 pm
RE: Let's get optimistic Jones
Sep 17, 2008, 12:32 pm
Old AIG employee Mongoose
Sep 17, 2008, 12:32 pm
Let's get optimistic SFOInsuranceLady
Sep 17, 2008, 12:25 pm
It's a 24 month loan... Tom Harvey
Sep 17, 2008, 12:21 pm
RE: RE: RE: Let's get real an old AIG employee
Sep 17, 2008, 12:14 pm
RE: RE: Blame Bush - Ok I will glenn
Sep 17, 2008, 12:08 pm
RE: Who's out at AIG Mongoose
Sep 17, 2008, 12:03 pm
Who's out at AIG Curious
Sep 17, 2008, 12:00 pm
RE: RE: Let's get real Mongoose
Sep 17, 2008, 11:53 am
RE: RE: Republicans beginning to see the light Sanford Plumlee
Sep 17, 2008, 11:43 am
RE: Republicans beginning to see the light Dwolf
Sep 17, 2008, 11:23 am
RE: Let's get real Johnny O.
Sep 17, 2008, 11:22 am
Republicans beginning to see the light No More Bush
Sep 17, 2008, 11:19 am
RE:Sorry this is so long but.... Dwolf
Sep 17, 2008, 10:55 am
Blue Ribbon Commission Disgusted American
Sep 17, 2008, 10:54 am
Ron Paul was right case
Sep 17, 2008, 10:53 am
RE: Let's get real Peon Agent
Sep 17, 2008, 10:49 am
an old quote an old AIG employee
Sep 17, 2008, 10:49 am
Just A While Ago... RayGunZap
Sep 17, 2008, 10:44 am
RE: RE: Just Remember Gut45
Sep 17, 2008, 10:43 am
RE: Just Remember Olstallcleaner
Sep 17, 2008, 10:33 am
Bush's MBA Scoobeedoobeedo
Sep 17, 2008, 10:26 am
I'm So Glad Some Ol' Hick
Sep 17, 2008, 10:12 am
RE: RE: who profits Joe Mama
Sep 17, 2008, 10:05 am
RE: RE: Blame Bush - Ok I will Capitalist
Sep 17, 2008, 10:03 am
RE: Blame Bush - Ok I will Mike
Sep 17, 2008, 9:50 am
RE: Blame Bush cletus
Sep 17, 2008, 9:48 am
Blame Bush FOWIF
Sep 17, 2008, 9:43 am
Suspend New Biz Writing Katherine
Sep 17, 2008, 9:42 am
RE: RE: AIG Bailout Capitalist
Sep 17, 2008, 9:35 am
RE: Who makes the decision? The Answer Man
Sep 17, 2008, 9:19 am
RE: Who makes the decision? Henry
Sep 17, 2008, 9:19 am
Who makes the decision? Wants to know
Sep 17, 2008, 9:17 am
RE: who profits Average Man on the Street
Sep 17, 2008, 9:07 am
RE: who profits All Powerful Zeus
Sep 17, 2008, 8:58 am
RE: who profits matt
Sep 17, 2008, 8:54 am
who profits LG
Sep 17, 2008, 8:51 am
RE: B.S. is Right! Jean
Sep 17, 2008, 8:09 am
RE: RE: Let's get real Bob
Sep 17, 2008, 8:09 am
RE: Let's get real Bob
Sep 17, 2008, 8:07 am
AIG- this is not a simple fender bender issue.. VA
Sep 17, 2008, 7:50 am
Mongoose Mark
Sep 17, 2008, 7:20 am
Still an "A" Rated carrier David
Sep 17, 2008, 7:16 am
RE: Let's get real an old AIG employee
Sep 17, 2008, 7:13 am
RE: RE: RE: B.S. is Right! an old AIG Employee
Sep 17, 2008, 7:09 am
Greed wins the day....and again general lee
Sep 17, 2008, 7:05 am
RE: RE: B.S. is Right! Chuck
Sep 17, 2008, 6:56 am
RE: B.S. is Right! an old AIG employee
Sep 17, 2008, 6:53 am
Let's get real Mongoose
Sep 17, 2008, 6:51 am
Hank Greenberg looks like the Grinch Jane Logan
Sep 17, 2008, 6:21 am
RE: AIG rescue. Eddie
Sep 17, 2008, 5:14 am
B.S. is Right! 2lanelover
Sep 17, 2008, 4:58 am
RE: Insurance makes or breaks the economy Bob
Sep 17, 2008, 4:37 am
Insurance makes or breaks the economy Jane
Sep 17, 2008, 4:29 am
This is such B.S. Mark
Sep 17, 2008, 2:23 am
What about P&C Ops? gabe
Sep 16, 2008, 8:48 pm
Wow. Ed
Sep 16, 2008, 8:41 pm
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