Yes there is:
Related:
"Obama administration special envoy Richard Holbooke was on the American International Group Inc. board of directors in early 2008 when the insurance company locked in the bonuses now stoking national outrage. Holbrooke, a veteran diplomat who is now the administration's point man on Pakistan and Afghanistan, served on the board between 2001 and mid-2008. During that period, AIG undertook the aggressive investment strategies that led to a near-collapse and forced a multibillion-dollar federal bailout."
Also see: Richard Holbrooke - The Zionist Agent in Obama's Viet Nam
FLASHBACK:
".... AIG is not “too big to fail.” It is simply too important a repository of dirty money and dirty secrets to be exposed. Barack Obama and his administration know this.
AIG, one of the largest pools of investment capital on earth, is also one of the largest launderers of drug money and illegal funds for covert operations. Mike Ruppert’s investigation “AIG” (From The Wilderness, August 14, 2001) exhaustively deconstructed Greenberg and AIG, exposing continuing connections to covert operations, narco trafficking, money laundering, and AIG’s central role in the Wall Street/Washington power nexus.
AIG’s involvement in US covert operations stretches back to World War II, in its roots as C.V. Starr, the intelligence-related proprietary founded by OSS agent Cornelius Vander Starr. The Starr proprietary was connected to CIA/OSS figures Paul Helliwell and Tommy Corcoran. The notorious CIA fronts connected to C.V. Starr, including Civil Air Transport, Sea Supply, and Air America/Pacific Corp were exposed by Peter Dale Scott in his book Drugs, Oil, and War: The United States in Afghanistan, Colombia, and Indochina.
It is also a huge financial “pass-through,” whose counter-parties include Goldman Sachs and (not surprisingly) the same major financial institutions that are the top recipients of the US government’s TARP bailout.
It is no surprise that Barack Obama is the top recipient of AIG funds. AIG’s money also lines the pockets of other members of the Obama administration, and prominent members of Congress, including Senator Christopher Dodd, who has been accused of a sweetheart deal aiding AIG.
The man in the shadows
AIG’s former CEO, Maurice “Hank” Greenberg, remains a pivotal figure connected to the institution, which he has fought against, sued, and publicly lambasts the officials in charge of his former company, his “baby.”
Greenberg is a member of world planning groups (Council on Foreign Relations, the Bilderberg Group, the Trilateral Commission) and the Heritage Foundation, a former candidate for CIA director (1995). He is longtime friend of the Bush family. David Boies (of Bush v. Gore fame) is his attorney. So well-connected is Greenberg that he was considered as a nominee for CIA director by Bill Clinton in 1995. The profile of Greenberg in the June 20, 2005, edition of Time magazine, “Down But Not Out”, details Greenberg’s career as a government asset, foreign policy guru, and strongman.
In 2005, while still heading AIG, Greenberg was the target of multiple investigations into the orchestration of sham transactions, the inflation of reserves, illegal stock trades, deception, and book-cooking in an investigation by Eliot Spitzer, who declared that AIG was “a black box run with an iron fist by a CEO who did not tell the public the truth.” Spitzer’s probes of AIG, and other Wall Street malfeasance, was subsequently and conveniently stopped in its tracks, when Spitzer became entangled in a prostitution scandal.
--MORE--"
"Spitzer was likely a target of a White House and Wall Street operation to silence one of its most dangerous and vocal critics of their handling of the current financial market crisis."
Related: Greenberg First in Line For Guillotine
We see who won out on that deal, huh?
"AIG prepares to pay millions in executive bonuses; Company wants OK from US" by Brady Dennis and David Cho, The Washington Post | July 10, 2009
WASHINGTON - American International Group is preparing to pay millions of dollars more in bonuses to several dozen top corporate executives after an earlier round of payments four months ago set off a national furor.
The company has been pressing the federal government to bless the payments in hopes of shielding itself from renewed public outrage. The request puts the administration’s new compensation czar on the spot....
AIG doesn’t actually need the permission of Kenneth Feinberg, who President Obama appointed last month to oversee the compensation of top executives at seven firms that have received large federal bailouts.
Need I even say it?
But officials at the troubled insurance giant, whose federal rescue package stands at $180 billion, have been reluctant to move forward without political cover from the government.
"Feinberg, a dual U.S./Israeli citizen, is the 'perfect' choice for overseeing compensation for the criminal financial organizations of Wall Street. As a cover up artist, he won't let his fellow dual citizens down."
Related: 9/11 Cover Up Arbitrator, Kenneth Feinberg, Named as Latest Obama Czar
The payments coming due next week include $2.4 million in bonuses for about 40 high-ranking corporate officers at AIG, according to administration documents from earlier this year. Though the actual sum may have changed, the payments are much smaller than those that caused the upheaval in March.
Hey, what is ONE MORE LIE, 'eh, newspaper readers?
"AIG Prepares To Hand Out Millions More In Bonuses
In business news, the bailed-out insurance giant AIG is preparing to pay out millions of dollars more in bonuses to several dozen top corporate executives. The Wall Street Journal reports the previously agreed-to retention bonuses include about $235 million for employees at the insurer’s controversial financial products unit. Other news outlets put the size of the bonuses at just $2.4 million. In an attempt to avoid public outrage, AIG has been quietly seeking approval to pay out the bonuses from the new federal compensation czar."
That's my SHIT AmeriKan MSM for you!!!
Still, officials at AIG and within the government see them as a landmine. Feinberg, who previously managed the government’s efforts to compensate the families of those killed in the Sept. 11, 2001 attacks, has the power to determine salaries, bonuses, and retirement packages for all executive officers and the 100 most highly paid employees at firms such as Citigroup, Bank of America, General Motors, and AIG.
Looks like the BLOGGER QUOTED ABOVE was RIGHT, 'eh?
AIG’s upcoming payments do not fall under Feinberg’s official purview, as they involve bonuses delayed from 2008.
Un-FUCKING-REAL!!!!
Yeah, ONLY UNION CONTRACTS are to be BROKEN!
How MUCH did AIG LOSE last year? They get a BONUS for that?
Feinberg is charged with shaping only current and future compensation. As a result, some Treasury officials believe they are under no obligation to offer an advisory opinion in this case, which could leave company officials to decide the matter on their own, according to a person familiar with the talks....
Translation: MORE LOOT GONE!
The exact range of the payments due this month to AIG executives was unclear in company disclosure filings.
But WE WILL QUOTE $2.4 million anyway!
Hey, that's chump change, isn't it, shit-eating American?
AIG’s proxy statement filed last month explains why AIG initially instituted the retention payments. The company stated that after the federal bailout began in September, “we needed to confront the fact that many of our employees, perhaps the majority, knew that the long-term future with us was limited, and our competitors knew that our key producers could perhaps be lured away. . . . Allowing departures to erode the strength of our businesses would have damaged our ability to repay taxpayers for their assistance.’’
Pfft! What HORSESHIT!!
WHERE would they GO? To OTHER FIRMS LAYING OFF THEIR PEOPLE?
The Treasury declined to comment specifically about the bonuses due this month. Feinberg did not respond to an e-mail seeking comment.
Treasury and Feinberg to Media: (See gesture here)!!
Yeah, thank God we got a MSM holding these looters accountable, huh?
--more--"
And THEY THINK THIS is going to HELP?
NEW YORK - Wall Street’s largest trade group has started a campaign to counter the “populist’’ backlash against bankers, enlisting two people who were aides to Henry M. Paulson Jr. when he was Treasury secretary to spearhead the effort.
In memos about confidential meetings with top financial executives, the Securities Industry and Financial Markets Association said that this month it began the “execution phase’’ of the operation, which pledges to embrace change and accountability. The plan targets policy makers and the news media in New York, London, Washington, and Brussels and calls for a “city-by-city, grass roots’’ approach.
The securities industry “must be perceived as part of the solution, which will allow it to better defend against populist overreaction,’’ said the documents, prepared for a June 17 meeting of the association’s board.
The meeting minutes and staff-written papers, obtained by Bloomberg News, outline the program crafted by polling, lobbying, and public relations companies paid at least $85,000 a month. The memos provide a glimpse, in often candid language, into how Wall Street is grappling with its pariah status.
Paid for by GUESS WHO, taxpayers?
That's right: Bailout Loot Used For Lobbying
“It is imperative that in this historic period of reform, the industry be recognized as playing a positive role in seeking change and providing solutions to the problems we face,’’ one document said. “There is currently widespread skepticism about the industry’s commitment to this needed change.’’
The internal papers call for using regional securities firms, many of which have escaped notoriety in the financial crisis, to push the industry’s message with their local members of Congress. The plan notes brokers across the country can also be used.
“The foot power of the private client group has proven to be effective in blunting populist messages in the past,’’ said board member Paul Purcell, chief executive of the investment firm Robert W. Baird & Co., according to minutes of a meeting.
To advise on the strategy, the trade group turned to a bipartisan roster of consultants. Such advice does not come cheap, and the association is discussing dipping into its reserves to cover some of the costs, according to one memo.
Michele Davis, Paulson’s former spokeswoman, and Jim Wilkinson, his former chief of staff, are among those leading the effort. Their firm, Brunswick Group LLC, is being paid a monthly retainer of $70,000, the documents show.
Davis and Wilkinson declined to comment. Assisting them is a Democratic polling firm, Brilliant Corners Research and Strategies, for $5,000 a month. It is run by Cornell Belcher, who worked on President Obama’s campaign. BKSH & Associates Worldwide, a firm chaired by Republican strategist Charlie Black, signed on for $10,000.
How about ALL THAT POLITICAL INCEST, huh?
Why I call American politics s*** fooleys now, and explains why MSM takes up so much print with them.
In response to questions about the push for an image makeover, the association’s president, Timothy Ryan, said it has taken a lead in advocating for a federal systemic risk regulator and has pushed for increased government power to wind down financial firms that do not own banks. He also touted the group’s recently issued recommendations on executive compensation.
But I STILL SMELL SOMETHING that STINKS -- and it is coming from this shiny, perfume-soaked turd with a ribbon around it!! WTF?
“This effort, which is not uncommon for a trade association, is designed to ensure our ideas for improved accountability, oversight, and transparency are heard by the widest possible audience,’’ Ryan said. The Securities Industry and Financial Markets Association represents about 600 securities firms, brokerages, and asset-management companies. It counts among its members the biggest US banks.
--more--"
Nice that YOU COULD PAY to REPAIR THEIR USURIOUS IMAGE, 'eh, Amurkn?
Wanna repair your image? QUIT KICKING PEOPLE OUT of their homes and lining your pockets with bailout loot!
