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Former AIG Executives Draw Fire from U.S. Lawmakers
National News • October 8, 2008
Lawmakers criticized American International Group Inc. Tuesday for ignoring financial warnings and for executive compensation deals and lavish spending, including a company gathering at an ...
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| Subject | Posted By | Posted On |
|---|---|---|
| AIG EXECUTIVES DRAW FIRE | RMCSUSNRET | Oct 9, 2008, 3:47 pm |
| pot calling kettle black | anon the mouse | Oct 9, 2008, 9:57 am |
| Let Them Go | Hanging Out | Oct 9, 2008, 9:01 am |
| RE: RE: RE: Criticize?! | Brokette | Oct 9, 2008, 8:47 am |
| RE: RE: RE: Criticize?! | Brokette | Oct 9, 2008, 8:47 am |
| RE: RE: Criticize?! | milo | Oct 9, 2008, 4:56 am |
| Brokerett | insguy | Oct 8, 2008, 6:02 pm |
| RE: For Ralph and Brokette | Brokette | Oct 8, 2008, 3:58 pm |
| For Ralph and Brokette | insguy | Oct 8, 2008, 2:50 pm |
| Agee with Agentman | cmc,jr. | Oct 8, 2008, 2:29 pm |
| RE: RE: RE: And this is why the Government needs to stay out | Sheltowee | Oct 8, 2008, 2:29 pm |
| RE: RE: And this is why the Government needs to stay out of. | nobody important | Oct 8, 2008, 2:11 pm |
| RE: RE: RE: Criticize?! | Brokette | Oct 8, 2008, 2:04 pm |
| RE: RE: Criticize?! | Incredulous | Oct 8, 2008, 2:02 pm |
| RE: for bob and ralph | Ralph | Oct 8, 2008, 1:56 pm |
| RE: Obama should return $, what about McCain's boy? | Brokette | Oct 8, 2008, 1:56 pm |
| Thieves - Liars - Cheats | Agentman | Oct 8, 2008, 1:55 pm |
| RE: RE: And this is why the Government needs to stay out of. | Brokette | Oct 8, 2008, 1:53 pm |
| Obama should return $, what about McCain's boy? | Huh? | Oct 8, 2008, 1:52 pm |
| RE: And this is why the Government needs to stay out of..... | Sheltowee | Oct 8, 2008, 1:50 pm |
| RE: And this is why the Government needs to stay out of..... | TAR | Oct 8, 2008, 1:48 pm |
| for bob and ralph | insguy | Oct 8, 2008, 1:46 pm |
| RE: Criticize?! | Third Party Opinion | Oct 8, 2008, 1:28 pm |
| And this is why the Government needs to stay out of..... | Baxtor | Oct 8, 2008, 1:09 pm |
| RE: Where was the Dept of Ins. on these Credit Swaps? | InsIsMyPassion | Oct 8, 2008, 1:08 pm |
| Former AIG Executives Draw Fire from U.S. Lawmakers | Pass Judgement | Oct 8, 2008, 12:56 pm |
| RE: RE: RE: Agent Trip | Ralph | Oct 8, 2008, 12:56 pm |
| RE: Criticize?! | Steve | Oct 8, 2008, 12:55 pm |
| Where was the Dept of Ins. on these Credit Swaps? | CSP | Oct 8, 2008, 12:54 pm |
| "There ya go again, darn it........" | Brokette | Oct 8, 2008, 12:53 pm |
| HO | Jessica | Oct 8, 2008, 12:47 pm |
| RE: RE: Agent Trip | bob | Oct 8, 2008, 12:46 pm |
| RE: Agent Trip | Ralph | Oct 8, 2008, 12:40 pm |
| Agent Trip | Just a worthless underwriter | Oct 8, 2008, 12:33 pm |
| AIG Accounting | RI_Musketeer | Oct 8, 2008, 12:30 pm |
| "Executive retreat" or Agent Conference? | Independent Guy | Oct 8, 2008, 12:22 pm |
| RE: Criticize?! | lastbat | Oct 8, 2008, 10:11 am |
| Criticize?! | Incredulous | Oct 8, 2008, 9:36 am |
| Back to article | ||
Subject: Where was the Dept of Ins. on these Credit Swaps?
In the article above the "CDS are designed to protect against the risk a borrower will default on a debt." With all due lack of respect the insurance commissioners this is an insurance product. Why aren't they clamoring to seize the assets of the CEO's and the companies, and filing charges against the exec's for selling an insurance product without reivew and approval of Dept. of Ins.
To me it looks like the insurance commissioners are as guilty as the Congress, SEC and company exec's for the collapse.