Friday, March 20, 2009

The Rise And Fall Of AIG's Financial Products Unit


"...Who is this combover shithead poking his head nervously around the corner? Why, it’s none other than Joseph Cassano, who should be high up on everyone’s list for a little game hunting this weekend. Joseph Cassano, the thief who created AIG’s Financial Products division–that’s the division that racked up $500 billion in losses. Yep, that’s half a trillion dollars–enough to provide health care for tens of millions of Americans, all gone–poof! All because of this fuckhead named Joseph Cassano. He’s doing fine though, thanks for asking–he’s got all the health care he needs and then some, thanks to the fact that while he bequeathed to us a half trillion dollar bill, he pocketed for himself about $315 million. Plus after he was forced out of AIG last year, he awarded himself a $1 million monthly pension..." yes you DO WANT TO READ THIS

NOW, if you dig revenge, I suggest you read THIS VERSION (where I took the quote above) of the story where they name names and propose action. I caution you there is naughty language at this one.

OH YEA, ONE MORE THING: THIS MEMO FROM TOPSIDE AT AIG TO THE EMPLOYEES ON HOW TO BE SAFE IN PUBLIC IS A SCREAM! CULTURE WARS YO!

This just gets gooder an gooder. SO FAR 19 state's attorney generals have signed on to THIS letter (pdf) of demand! Culture war? Class war? Call it what you like, it is ON.

Friday evening:

Just when you thought "this AIG outfit could NOT POSSIBLY be any sleazier, we learn of THIS. Are we going to have to shut down the whole fucking place? WALL STREET? WHO THE FUCK NEEDS IT?

Sunday - Senator Chris Dodd (D-Sleazeville, Conn) has taken $280,000 from AIG. Senator Dodd is lately famous for changing the Widen/Snowe language to eliminate the bonuses.

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As Jim Hightower explains it, is that “the wealthiest 1 percent of Americans possess more net worth today than the bottom 90 percent of us combined. Worse, these privileged few and their political henchmen have structured a new economic ‘normal’ of long-term joblessness, low wages, no benefits or worker rights, miserly public services, and a steadily widening chasm between the rich and the rest of us.” We must restore sanity to this nation.