SEC Order Keeps Some AIG Bailout Terms Sealed Until 2018

January 12, 2010

  • January 12, 2010 at 12:32 pm
    Pissed off taxpayer says:
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    How the hell does the SEC get to classify this as a “confidential” transaction????
    The federal government took our money and gave it to AIG and we have every right to know exactly how that money was used.

  • January 12, 2010 at 12:36 pm
    Nedal Nib Amaso says:
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    I’m surprised they didn’t cite as a reason for this B.O.H.I.C.A. action the one that the government uses so much: “it’s a matter of national security” (make sure that you say this in very grim, solemn tones to emphasize how serious and important you are)

  • January 12, 2010 at 12:52 pm
    Sarah says:
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    This has to be the most corrupt administration in the history of our Nation. Could this be a part of the Goldman Sachs connection with this administration and the past administration. Why cant we find out what happened! ITS OUR MONEY!

  • January 12, 2010 at 12:54 pm
    Jack says:
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    This is Bull ****. I wonder if we decided not to pay our taxes, how these companies would fare?

    We can then use the excuse that we need privacy too!!

  • January 12, 2010 at 12:56 pm
    TX AGENT says:
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    CORRUPT, CORRUPT, CORRUPT!!!!!!

    GIVE MILLIONS, NO, BILLIONS OF OUR MONEY AWAY AND OH, BY THE WAY, LET’S NOT TELL THE TAXPAYERS WHAT WE DID!!!!

    BONUSES PAID TO EXECUTIVES THAT MADE THE COMPANY FAIL!! YOU HAVE TO BE KIDDING!!!

    ASK GEITHNER TO TESTIFY AND IF HE LIES, SEND HIM TO PRISON!!!!!

  • January 12, 2010 at 12:57 pm
    Fanucci says:
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    Obama like the true politician that he is, and he campaigned that I’ll be transparent to get elected. Once he was elected he took the poeple’s money and bailed out AIG. Now the poeple find we have to wait 10 years to find out the details of the AIG bailout. You have got to be joking. I want to find out right now! Obama remember the poeple own 80% of AIG, and we want to know NOW!

  • January 12, 2010 at 1:35 am
    An Agent from Arizona says:
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    Let’s see if I have this right? This administration wants no secrets when it comes to our National Security, but when it comes to decisions that involve our money everything having to do with the bailouts should remain secret? We should not be revealing secrets and putting our CIA and the American public at risk. When the taxpayers are paying the freight to save companies from bankrupcy we have every right to know where our tax dollars are being spent. This administration does not seem to know the definition of transparency or maybe they did and the American people just didn’t understand when they voted for transparency with President Obama.

  • January 12, 2010 at 1:36 am
    apparently confused, or not! says:
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    Now kids, who was the President in November of 2008? I’ll give you a hint, it was not Obama. And your answer is?

  • January 12, 2010 at 1:43 am
    Ray says:
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    Obama may not have been President in Nov 2008, but he sure is President when this fiasco of classifying where our money went.

    There was supposed to be a concerted effort on the behalf of the current administration to declassify as much as possible – then along comes this travestie.

    Hey, the 2010 elections are coming – let’s get the rascals out of there (look at he bribe for the Nebraskan to vote for health care for an example of rascalism).

  • January 12, 2010 at 1:48 am
    An Agent from Arizona says:
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    The request was last year, but the action is being taken now under? You guessed it the Obama Administration. Imagine that for Transparency.

  • January 12, 2010 at 1:52 am
    Fla Home Boy says:
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    I never trusted the Bush administration and am having doubts on this one. It is pretty common knowledge that Goldman Sachs owns this country. The US Treasury is referred to as Goldman Sachs debit card. I think the SEC should be madt to release all the info as public record. We should not have bailed any business out. They made the problem, they should have had to fix it or go belly up like so many citizens have had to do, without a bail out. Now the investment banks and big bankers are back to paying large bonuses.

  • January 12, 2010 at 2:12 am
    apparently confused, or not! says:
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    I will vote for any democrat, republican, libertarian, independent or whomever, who will work to pass term limits and agree to ban earmarks. You want transparency in gov’t – pass every appropriation on it’s own merits. There will be no more bridges to nowhere.

    To be honest with you, I don’t see a bit of differnce between the two parties in the way government actually works. One wants to tax me and give it the rich and the other wants to give it everyone else.

    Be honest with yourself. Wall Street wags the dog that is the U.S. The decline in American Industry is the result of pure and unadulterated greed. We have become a culture of I’ve got mine and I want your’s also. Nobody want’s to produce anything other than money. Eventually we’ll devour ourselves.

    Nebraska’s side deal in healthcare is just business as usual in our nations capital.

  • January 13, 2010 at 2:15 am
    chuck says:
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    The Const. Framers gave us our freedom and a set of rules to hold our government to; we didn’t hold government to the rules, therefore we lost our freedom. Now, we’ve got to earn our freedom again.
    Ain’t that a B—-.
    Are you up to the task? Or will you be found crying in your milk?
    Real men rise to the challenge. Cowards can be found in the fields. They stole your freedom. Did they strip you of your courage as well.
    I have never heard of a nation winning it’s freedom at the ballot box. The ballot box only determines who will govern after freedom is won.
    The framers knew we would surrender our freedom; they just didn’t know how long it would take us to give it up. And if we would have the courage to reclaim it.

  • January 12, 2010 at 2:26 am
    wudchuck says:
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    what is more interesting is, has anyone linked this article to the other about greenberg? if we own 80%, how much does greenberg own? if he owns any, how much info does he know that we don’t? you see, we the taxpayer is not being told everything as we should afterall, we are a shareholder. this is why the bailout money stinks, we don’t know the whole picture. how many of our elected officials in congress do? so how much information are they passing along to the voter? so in reality, who should we be mad at? not the president, but CONGRESS – remember they approved all this shuffling of money.. remember, it’s not always the big man on top who had the answers.. think this company should have failed and filed for bankruptcy.. it would have been better off.. look at europe, they are going through a financial loop/recession. all because of this AIG!

  • January 12, 2010 at 2:30 am
    TC says:
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    So much for the president’s claim to transparency, considering the tax payers bailed them out. We should demand the details!

  • January 12, 2010 at 3:26 am
    ChipontheCape says:
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    Where did this agency get the authority to “seal documents” for ten years anyway? And isn’t this the same outfit that gave Bernie Madoff’s Ponzi scam a clean bill of health, year-in, year-out. Gimme a break! It’s just another example of the fact that our government can’t do anything right. Pigs at the trough, and a “Parliament of Whores”, as written by PJ O’Rourke.

  • January 12, 2010 at 3:32 am
    nobody important says:
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    They can’t discuss the details of the double secret probation. If they did it wouldn’t be a secret, would it?

  • January 12, 2010 at 3:37 am
    Bob says:
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    To paraphrase Woodie Guthrie, sometimes we are robbed at gunpoint; other times it’s with a pen. It’s no surprise that the most open, honest, transparent administration in recent history would allow this to be sealed. I don’t know which is worse; the current bunch of liberal Democrats or the Republicans who are trying to remake themselves out to be conservatives. I think it’s a horse apiece.

  • January 12, 2010 at 4:49 am
    Fla Home Boy says:
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    All the poliiticans seem to be the same. Put them all in a bag and shake them up and pour them out and you can’t tell the difference. They are all in the hip pocket of lobbyists, PAC and Wall Street. Term limits will help, but do you actually think they, the congress, will vote for them? Term limnits will have to come from the States mandating it.

    Every one of you should watch a segemnt of Bill Moyers Journal on PBS. Go to PBS.org/billmoyersjournal/davidcornandkevindrum.

    Greed took over the country back in the 90’s and will ruin it if we all don’t start telling our congressional representatives that we are mad as hell and we want to outlaw lobbyists and pac’s.



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