$1.25 Billion Bail-Out “By taking this proactive step, we further augment our solid capital base and are well positioned to...
Declarations
Undue Influences “(W)e drink the Kool-Aid.” —Moody’s Chief Executive Raymond McDaniel, commenting, in documents, on the dilemmas agencies like Moody’s...
Kneed in Rhode Island “We will work to remedy the issues that have been raised.” —Spokeswoman Linda Shelton of Miriam...
Executives Reprimanded “They were getting facials, manicures and massages, while the American people were footing the bill.” —Rep. Elijah Cummings,...
Consumer Beware “So often these entities will pop back up with a new name and take advantage of a new...
Not a Gambling Problem “I wouldn’t refer to it as gambling. [The credit default swaps were] underwritten individually and very...
Spitzer’s Folly “When (Eliot Spitzer) was attorney general he was on a witch hunt, he’d go after anyone he could...
Federal vs. state—AIG “This argument is fundamentally flawed because it is based on a totally inaccurate assumption of facts. First...
Spitzer’s Folly “When (Eliot Spitzer) was attorney general he was on a witch hunt, he’d go after anyone he could...
A Case by Case Basis “TWIA’s guidelines are, and will continue to be, to look at each claim on an...