AIG CFO Defends Bailout; Says ‘Grateful’ for Taxpayer Help

By | October 26, 2009

  • October 26, 2009 at 2:31 am
    Allen says:
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    I find it interesting that David Herzog had the audacity to praise the government bailout of AIG – and that his alma mater would reward a man whose incompetence contributed to the collapse of the American economy. Mr. Herzog was in a position to know the precarious condition of AIG well before it collapsed. If he was not aware of that condition, it is merely further proof that he is incompetent. The basic reality is that the sole reason for the bailoyt of AIG, Bank of America, CitiCorp, et al., was to prevent the collapse of Goldman Sachs, for the benefit of Hank Paulson’s cronies at Goldman.

  • November 2, 2009 at 10:09 am
    Michael says:
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    Is this a joke
    Allen I could not agree more…
    People wake up Social capitalism is here. The health care industry is first ours will be next….we will have to spend even more money to the PACs as time goes on from all of this mess that we did not help create. It makes me Ill to think about it.
    Do we all look stupid enough to actually belive this?

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