Editor’s Note: This proposal would reveal what really happened during the lead-up to the mortgage meltdown. The receiver would first take an objective inventory of what AIG (with taxpayer dollars) paid and track the actual transactions instead of REPORTS of the transactions. It would reveal the theme for this week, which is that the loans […]

Tags: A.I.G., financial reform, receivership, Steven M. Davidoff, University of Connecticut School of Law
Posted in Uncategorized |

July 16, 2010 A.I.G. to Pay $725 Million in Ohio Case By MICHAEL POWELL and MARY WILLIAMS WALSH The American International Group, once the nation’s largest insurance group before it nearly collapsed in 2008, has agreed to pay $725 million to three Ohio pension funds to settle six-year-old claims of accounting fraud, stock manipulation and […]

Tags: A.I.G., accounting fraud, American International Group, Andrew M. Cuomo, Bid Rigging, Eliot L. Spitzer, Federal reserve Bank of New York, fraud, HERS, MARY WILLIAMS WALSH, Maurice R. Greenberg, MICHAEL POWELL, Ohio pension, Richard Cordray, Securities and Exchange Commission, stock manipulation
Posted in bubble, Corruption, evidence, expert witness, Pleading |

NOW AVAILABLE ON KINDLE/AMAZON Gretchen Gets It. The entire article is worth reading and even studying. If you get what she is saying, you can understand just how false this Waltz has been. “The very design of the federal assistance to A.I.G. was that tens of billions of dollars of government money was funneled inexorably […]

Tags: A.I.G., AIG, American International Group, Barofsky, congress, counterparties, Federal reserve Bank of New York, Federal reserve Baord, Geithner, Goldman Sachs, Merrill Lynch, Societe Generale, TARP, Tavakoli, Troubled Asset Relief Program, Viniar
Posted in bubble, Eviction |