American International Group Video & Audio

“…that you know situation certainly I don't know but you know I AIG deal with that. But every week and he -- there are deeply in many don't try help team and you know about …”

“…and fortunately. We've seen some of my concerns find out what the AIG bonuses and some of the other. Excesses that we've seen with those dollars. …”

“…flopping on the language in the latest bailout bill language that allowed AIG executives to receive bonuses. First he said he had no knowledge of it only to admit just a day later that he …”

“…example I think that that are using our money in the April AIG and used -- out other banks which own two -- code. There it could have monitor that before you get from 700 …”

“…are not happy with Dodd's role in -- an amendment that allowed AIG to pay 165. Million dollars in bonuses. WT UNH political reporter mark Davis has the story. …”

“…ties has already produced a web attack -- linking -- to the AIG bonuses. Rob Simmons said today he's taking nothing for granted and knows it's a long way to November 2010. The democratic senatorial …”

“…What are the problems with AIG -- I appreciate your concern. And the concern of the American people. That the terms of the AIG bailout there's tremendous burden on taxpayers. Or plants so far advanced by the US government to -- and failed. And the current plan in my opinion. Will not succeed. Major mistakes have been made. And imposed from the government imposed. Unrealistic financing terms and AIG. . In September of 2000 -- Including approximately 14%. Interest. In year one charging interest whether AIG actually drew down funds or not. That was not only different from those that -- and any other company. But which fundamentally undermine AIG's continued viability. The government also. Obtained 79 point 9% of the equity. In the company. They immediately announced an AIG would be liquidated. Which inevitably cause employees. Broker's customers and other business partners to fully. Further undermine the company's continued viability. They began to liquidate the company at fire sale prices. In the market but to obviously. Credit was difficult to obtain. It was difficult to sell anything. Used AIG to funnel money to other institutions. Including foreign banks. -- IG was required to put up collateral. As they're losing their AAA …”

“…a better approach. What should the government's policy be with regard to AIG. . The primary objective should be to -- can conditions. That allow AIG to repay the taxpayer of bush and rebuilding AIG is the best way of doing that. Specifically. What should be done is to achieve this to achieve this goal of AIG to pay back the taxpayer. One wolf AIG financial products from the rest of the company. And replaces many loans as possible would guarantee. Extend the existing. But twenty years. …”

“…Primary objective should be to create the conditions. That allow AIG to repay the taxpayer of -- us and rebuilding AIG is the best way of doing that. …”

“…the biggest drain on the economy the former CEO of insurance giant AIG was on Capitol Hill. He presented his plan for making sure taxpayers now own about 80% of the company. Get their money …”

“…people on your side. And we can't forget the big schools let AIG -- taxpayers would under and -- there executives would meet some of those big bonus is but let's not leave out congress …”

“…Grand. And given the daily headlines about the slumping economy bailout of AIG bonuses. Taxpayers to the news of -- is good fortune. Not well Scioscia actually were cut in -- still no applause in …”

“…a bad name I capitalists we have seen what capitalists have done AIG being the most recent example. These swashbuckling renegades -- but the financial products unit in London. Brought to its knees literally to its knees. A very successful very profitable firm AIG but we have to -- we have to view these things in context it's capitalism that creates. And all the wealth that …”