AIG’s Title as World’s Largest Insurer Gone Forever

By | April 29, 2009

  • April 29, 2009 at 4:13 am
    bill t says:
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    THE WORLD’S LARGEST BUST !

  • April 29, 2009 at 4:15 am
    David says:
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    You get what you pay for.

  • April 30, 2009 at 12:55 pm
    Insurance Chick says:
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    OHHHH and you both can do a better job? You have no idea of the complexity of the problems that Liddy is unfolding, selling, unraveling. The man deserves respect.

  • April 30, 2009 at 1:00 am
    Another David says:
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    I give anyone credit for trying to sort out that mess.

  • April 30, 2009 at 1:02 am
    Sir Cheese says:
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    Agreed, its not like he made the mess. He is doing what Uncle Sam wants, chopping it up so they get paid back.

    Not sure why he would do it for a buck.

  • April 30, 2009 at 1:05 am
    Mary says:
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    Kudos Insurance Chick!

  • April 30, 2009 at 1:06 am
    Baxtor says:
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    Exactly Sir Cheese. How come IJ or any media doesn’t look into this further? Why would anyone want this job for only a dollar? Must be some bonus plan in affect that we don’t know about or the US Government is paying him, thus AIG is only paying him a dollar. I wonder how you break that up over 26 pay periods…about .04 a paycheck or .02 after taxes. LOL

  • April 30, 2009 at 1:16 am
    Insurance Chick says:
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    Who cares what he is getting paid?!?

    The scrutiny and BS he has taken by the public for a problem he did not create and is trying to fix is unbelievable. He was ASKED to take the job. And now you ask for a witch hunt?! Come on!

    Those of us who work within AIG and its subsidiaries are sick of the rants, sick of the nay-sayers, sick of being put down.

    We just want to do our jobs, payback the government, and move on from this.

    Give it a rest!

    I belong to IJ for the information not the BS!

  • April 30, 2009 at 1:23 am
    Baxtor says:
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    Insurance Chick,
    As your boss I want to know what he’s getting paid. Quite trying to hide things. As US citizens that did not volunteer our tax dollars to your corporation, you brought us into this, not us. So don’t try to turn the table and play the blame game. We want details and until YOU pay us back every cent, which won’t happen, we’ll always be here watching YOU!!

  • April 30, 2009 at 1:28 am
    Obama Man says:
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    So AIG spends $100,000 or so to send a bunch of their top performers for a lavish reward trip to California, and they get publicly ADMONISHED and SCOLDED by King Barack…..

    But he spends more than $350,000 to buzz New York with Air Force One, and who scolds King Barack ??

    Is Barack working for a dollar?

  • April 30, 2009 at 1:34 am
    Insurance Chick 2 says:
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    Baxtor – I expect your ranting and raving from an uninformed taxpayer, but not someone who is connected to the insurance industry and should know better. Act like the insurance professional that you hold yourself out to be. BTW, if you really knew what was going on, you would know there are promises for compensation in 2010 that will likely make up for going unpaid in 2008-9. No one does anything like what Liddy is doing for nothing. We, the taxpayers, can’t pay him enough for digging the government out of the mess they created when they rescued the business.

  • April 30, 2009 at 1:35 am
    Insurance Chick says:
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    You forget I am a tax payer too! As is everyother AIG US based employee. That being said, we are well-informed tax payers.

    I assume based on your rants on this article and every other AIG article you have an axe to grind.

    May I suggest reading and becoming informed prior to your lovely little rants. AIG and AIU do have public information posted for those who want to be informed and most of it is independent 3rd party unbiased information.

    Oh and watch all you want, there’s 44,000 of us watching you and your rants.

    You need us to do our jobs. Negative rants won’t help us to do our jobs and payback our company’s debt. We want out of this mess as 43,600 of us had nothing to do with this mess!

  • April 30, 2009 at 1:37 am
    Insurance Chick says:
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    Thank you!

  • April 30, 2009 at 1:39 am
    Insurance Chick 2 says:
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    EXCELLENT questions Obama Man! The media is certainly not going to hold him accountable, for fear of being shut out of future opportunities to throw easy questions his way.

    And why isn’t he foregoing his salary? He made millions on his memoirs so he can certainly afford it. Maybe everyone in the WH should have an incentive-based compensation package based on economic factors.

  • April 30, 2009 at 1:49 am
    carlfarm says:
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    placing a lot of faith in liddy…he decided to pass on reinsurance to gain market share. put allstate in a bind when hurricane rita hit.

  • April 30, 2009 at 1:54 am
    Mario says:
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    Liddy did not cause the mess at AIG. That blame should go to Hank Greenberg who claims to be a hands on CEO, but allowed this mess to happen. Now we the taxpayer own the company, and I want to be paid back in full.

  • April 30, 2009 at 2:17 am
    Insurance Chick says:
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    Did you tell Citibank to pay you back in full? Did you tell the auto industry and the other US banks to pay you back in full?

    Go chance down Hank and tell him that it was his fault and you want to be paid back in full. oh and tell him that we the employees that are still here working…well we are sick of dealing with the scrutiny. Tell him to stop ranting too.

  • April 30, 2009 at 2:18 am
    Baxtor says:
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    Amen Insurance Chick2. I blame the government for bailing out AIG as well. That’s why before the elections I looked to see if my politician voted for the first bailout and if he/she did, I would not have voted for them. I wish the rest of America would have done the same, but as we all know, most were relected.

  • April 30, 2009 at 2:23 am
    Baxtor says:
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    Get back to work. Is that what we the taxpayer pay AIG employees, to play on the internet? Maybe we can cut the staff in half and still get the same amount of work done. And do you honestly believe the government will get paid back 100%, or just get some worthless stock? And since you know so much, does the government have a stake in the new AIU or are they/we stuck with the crap left with AIG (worthless stock at that point). Educate me with your vast knowledge on this.

  • April 30, 2009 at 2:39 am
    Insurance Chick says:
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    1) I am on vacation all week.
    2) And may I ask what are you doing on the internet posting rants? I assume your emaployer is pleased with your performance? Or if self employed, why your business is suffering?

    3) As far as Federal Reserve interest in the subsidiaries, spin-off etc, the website is http://www.aig.com or http://www.aiuholdings.com.

  • April 30, 2009 at 2:59 am
    JP says:
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    you sound worse than the idiots in the media that don’t understand the issue.

  • April 30, 2009 at 5:09 am
    Baxtor says:
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    And you sound like a politician…just keep thinking you know what you’re talking about and maybe people will start to believe it.

  • April 30, 2009 at 5:11 am
    Baxotr says:
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    And you’re reading insurance on your day off… LOSER!! LOL
    The company I work for doesn’t need a government bailout thank you very much!!! We have highly qualified people from the top to the bottom!
    Enjoy your vacation.
    Signing off!!

  • May 4, 2009 at 10:04 am
    Sherry says:
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    Be careful when you say the company you work for doesn’t need a bailout. Nobody at AIG thought that in the not too distant past. The world is filled with companies doing much better on paper than is reality. They get caught eventually. Unfortunately, it is only after many people have suffered a loss. Don’t spit bitter words… you may have to eat them down the road.

    Regarding Liddy… yes there is more than the $1.00 salary. His perks total more than most of us can imagine. Like… over $30,000 a year for an apartment. I guess no real need for a salary when all your expenses are paid for. Bottom line though… he didn’t have to take this job. The man was enjoying retirement and took on this huge headache. I’d want some perks too. I just wish they would quit drawing attention to the $1.00 salary. It is irrelevant.



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