AIG’s Ex-CEOs Blamed for Crisis: House Panel Chairman Rep. Henry Waxman Says Executives Got Undeserved Riches, While Ex-CEOs Robert Willumstad and Martin Sullivan Blame Accounting Rules for Leading to $85B Bailout. Huge Bonuses That They Didn’t Deserve.

Obaid Karki An Outcast Underdog Libertarian Diogenesist Kabbalist Spinoziste Qutbist Pantheon Hexalingual Automath Former UAE Under Secretary Independent Street-Knowledge Urban Talking-head. Unaffiliated to a State, an Organized Religion Group, a Sect or a Kin and an Anti Tribal Gentile. Every phrase is an earnest verdict. Thats my bio. If you dont agree with me thats an honor. It is immoral to appease to please. My word hurts big time because it is quality of a moment of truth US Conspiracism is a Grassroot Religion alas belief masterminded by the Establishment to Worthy the Worthless. This in-thing is sold as Partisanship to the Unemployables for free. Its the Disneyfication of the Mass to glorify a Legacy of Ghosts as Rothchild, Bilderberg, English royalty etc. Neither Mainstream Media & nor Hollywood or the Publisher’s Clan would be outsourced to such task simply because they are assigned to edutain the Untalentable Aristocrat Urban Parasites. AIG American International Group, Inc. (NYSE) Google Finance Yahoo Finance MSN Money AOL Finance CNN Money Reuters 3.51 0.36 ( 9.30%) 7 Oct 4:00pm ET Open: 4.22 High: 4.22 Low: 3.51 Volume: 90285327 Avg Vol: 218654000 Mkt Cap: 9.44B Disclaimer After Hours: 3.54 +0.03 (0.85%) 7 Oct 7:59pm ET strengthens Manulife’s hand in AIG bid Manulife and other insurers are expected to bid for AIG divisions as early as this week, they said. The American insurance giant is under pressure to sell Former AIG Executives Get Harsh Criticism
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13 Responses to AIG’s Ex-CEOs Blamed for Crisis: House Panel Chairman Rep. Henry Waxman Says Executives Got Undeserved Riches, While Ex-CEOs Robert Willumstad and Martin Sullivan Blame Accounting Rules for Leading to $85B Bailout. Huge Bonuses That They Didn’t Deserve.

  • musclecarpower says:

    Another learning venture and the golden rule applies here as well as with everything that happens. HE WHO HAS THE MOST GOLD MAKES ALL THE RULES.

  • mastior says:

    16 of 20 of IG Farbens EXEC’s & Prescott Bush were charged as WAR CRIMINALS in 1945 Holocaust Survivors sued Bush & Farben recovered Billions Farbens got prison some were hung Bush got time also. Bush shared offices with JOSEPH MENGELE at IG Farben Concentration Camp Silesian Steel Bushs Steel plant forced JEWS to make Steel for HITLER killed the frail. BUSH made Senators Judges etc of HITLERS Henchmen, infiltrating USA Politics Altering US Constitution for their Monopolies GREED TRILATERALS

  • mastior says:

    American IG AIG IG CHEMIE
    D. A. Schmitz, a naturalized U.S. citizen, was the brother of Hermann Schmitz, the head of I.G. Farben, and Walter Duisberg, a U.S. citizen since 1933, was the son of Carl Duisberg, the founder of I.G. Farben. GAF. THESE are Trilaterals & are what has infiltrated our POLITICs. Gangster Politicians, INSIDER PUPPETS. Todays Government is FED as GWashington called them THE FEDERALISTS anti America Socialist Commies High Treason Traitors ABOLISH the FED RES MCCAIN

  • mastior says:

    Look Up IG Farben Noted the MOST Notorious Corp on Earth. 16 of 20 of their executives AND BUSH were charged as War Criminals 1945. War Crimes Court ordered IG to Defunct Immediately. AIG is IG FARBEN. SAME ALUMNI Bush owned Silesian Steel in Auschwitz Forced Jews to make Steel for HITLER murdered the Frail, shared offices with JOSEPH MENGELE. BUSH ALSO created Senators and Congressmen out of HITLERS Henchmen. LOOK up Trilateral Members They infiltrated EA STATE Do NOT Vote Trilateral COMMIES

  • mikemamzic says:

    @moonraker416 no it doesn’t and under law the government can not audit the fed. Nor may they sit in at a FED meeting unless invited haha

  • klard says:

    It must be obvious that the big dog criminal slipped out and these clowns were hired to be the fall guys.

  • rw5791 says:

    this is like leaving the barn door open and then blaming the wolves for killing the livestock.Stop sending every factory to china and stop telling the banks who to lend their money and you solve the problem.

  • joshEakins25 says:

    Thats not what book value is. Book value is how much something is worth at the time it is recorded on the books. Its more like a snapshot in time than a limit.

  • moonraker416 says:

    Maybe because he is aware that the Fed already gets audited?

  • Dewdaahman says:

    why don’t mortgages have a book value like a car, stocks,etc..? a value that will never below a certain point..

  • ficote72 says:

    Waxman is in the list of shame of democrats no supporting resolution HR1207 to audit the FED

  • neuralres says:

    Waxman was the head of the Dept. of Energy when him and his fellow thieves passed the Medical Device User Fee Amendment of 2007. I am a small manufacturer of teeth polishers. This law made my annual registration go from $50 a year to $6000 a year with $1000 increases per year. . With the stroke of a pin this scum destroyed a 15 year business. Their reason was that they deserve the money more than the people who earned it. So all my hard work and sacrifice goes to N.W.O. thieving filth.

  • Silberdachs says:

    World financial banking crisis is due to massive and systematic fraud. The truth is revealed by a former Regulator (now a university professor). If you really want to know who is responsible for the current financial mess, check this out:

    watch?v=CQ4JXW_ErXQ

    This deserves to go viral.

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