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Gentry is alive and well and AIG is the poster child

March 21, 2009 By woburndem

I have slammed AIG and the government more specifically Tim Geitner for continuing this class warfare as I see it, the lack of understanding by them and these executives who just because of where they are and where they came from assures … [Read more...]

Filed Under: User Tagged With: aig, bailout, change, deval-patrick, economy, ethics, insurance, massachusetts, mob, obama, president, stimulus

Bad Boys at AIG at it again

March 20, 2009 By woburndem

Well I am not sure if anyone else missed this little gem of a news blurb but it seems in February AIG filed a law suit against the IRS for a refund of a tax claim related to off shore accounts. http://www.boston.com/business... You may want … [Read more...]

Filed Under: User Tagged With: aig, bad-banks, bailout, edward-liddy, fdic, obama.-fed

Now Fannie Mae is giving bonuses

March 18, 2009 By woburndem

Unbelievable!! As Usual Just my Opinion … [Read more...]

Filed Under: User Tagged With: aig, bonus, executive-compensation, obama

Its time to Boycott AIG and for Massachusetts to divest any business with AIG.

March 16, 2009 By woburndem

One would think that Tim Geitner was tied at the hip with the bad boys of AIG as he became the architect of another bad boy bailout system. Is he to close to his friends to be the agent of change and inflict the penalty deserved by such … [Read more...]

Filed Under: User Tagged With: aig, bailout, banks, change, geitner, obama, summers

The extortion of America by AIG executives

March 9, 2009 By woburndem

For more then a month I have been calling for AIG to be cut lose from the taxpayers, the level of obligation that I suggested far exceeded the capacity for our government to pay with out leaving little to continue to support the safety net … [Read more...]

Filed Under: User Tagged With: aig, bailout, banks, bofa, citigroup, economy, massachusetts, obama, stimulus

AIG a watershed or waterloo for President Obama time will tell

March 4, 2009 By woburndem

Yet neither he nor Treasury Secretary Tim Geitner nor President Obama have demanded nor required the dismissal of the leadership of this corporation that is likely to be the key to the financial meltdown. Instead it appears that the fear of … [Read more...]

Filed Under: User Tagged With: aig, bank-of-america, banking-crisis, citigroup, economic-stimulus, economy, fdic-benrnanke, fed, obama

AIG should file for Bankruptcy, and Geitner, you’re wrong: Nationalize the banks

February 25, 2009 By woburndem

It is time for some tough love and time for the American taxpayers to just say no to more money going to AIG and the banks. Currently we are collectively on the hook for 2-3 Trillion by my last count and we are approaching the edge of the … [Read more...]

Filed Under: User Tagged With: aig, bailout, economy, geitner, obama, stimulus

Bailout and the Banks: Time for Nationalization

February 1, 2009 By woburndem

I have never been one for protectionism, as the grandson on an Irish Immigrant, I firmly believe in an open door policy, yet like the challenges my grandfather faced the United States can only hold the hope that opportunity offers. Not a … [Read more...]

Filed Under: User Tagged With: bailout, banks, democrats, economy, obama, stimulus, wall-street

Economics 101: Why I now believe it is time to nationalize our Banks

January 26, 2009 By woburndem

Ok maybe you got a clue from the title but if you missed it here are the details. It seems Citigroup was concerned about not having enough corporate jets to satisfy their executives so with a portion of the bail out money they received in … [Read more...]

Filed Under: User Tagged With: bail-out, banks, citigroup, democrat, economics, economy, middle-class, nationalize, obama

Turn on a light, Economics 101; Tarp money myths and misstatements. With Poll

January 16, 2009 By woburndem

Let me preface the discussion with the comments that preceded her statements, Peggy Noonan was criticizing the outlandish bonuses that were received during the time when these banks were making high risk bets that have ultimately cost you … [Read more...]

Filed Under: User Tagged With: aig, bailout, bank-of-american, banks, citigroup, economy, massachusetts, middle-class, tarp

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