Bailout Bonus Brouhaha: The Sheister Heisters Of AIG (Video and Links For 3-18-09)

It can help to think of AIG as a warm, cuddly puppy with a red bow that occasionally has accidents. 

Five new videos and 17 links are after the jump.

AIG: $165 Million Versus $165 Billion

Obama Plays The Semantics Game: The Return Of Slick Willie

Pressure grows on AIG to return bonuses as blame shifts to Geithner

Time to Get Geithner under Oath on AIG

Failure To Pay AIG Bonuses Will Blow Up The World

73 AIG Employees Received In Excess Of $1 Million. Includes letter from Cuomo to Barney Frank.

Republican Congressman Sam Johnson Suggest AIG Execs Be Sent To Military Prison

AIG Staff Says: We Deserve This Money

Senator Bunning Criticizes CBS And Scott Pelley For Their Fluff Piece On Bernanke

The Real AIG Scandal by ELLIOT SPITZER

AIG Bonus Bombshell Raises New Questions About Goldman Sachs

Larry Summers' Ludicrous View On AIG Bonuses

Perp Walks Instead of Bonuses

AIG Is A Warm, Cuddly Puppy (Round-up from yesterday including 25 links and video)

The AIG Solution: Guantanamo Bay

AIG: Rule Bending Banking Bastards

AIG Background Articles Plus Jimmy Rogers Ripping AIG And Geithner

David Shuster is an outstanding journalist. He shows his fairness and grasp of AIG nuance as he questions the honesty of Obama's populist response to the AIG bonuses. Great work. (Full disclosure: David and I are childhood friends.)

Keith Olbermann does an excellent and fair review. This is the best of all the videos as a reaction round-up.  Bonuses and dividends with taxpayer bailout funds are never a good idea.

Olbermann exploring the relevant legal issues regarding bonus clawbacks and special AIG-only taxes.

Brian Williams on NBC Nightly News with reaction from Washington.

Brian Williams part 2 with reaction from taxpayers around the country.

Rick Santelli clarifying his thoughts on the AIG bonuses.

Comments

[DailyBail]

Freddie Mac: Government's New Black Hole?


http://www.time.com/time/business/article/0,8599,1885583,00.html?ref=patrick.net

[DailyBail]

This Is Huge.

In a First, Bankruptcy Judge Rules Calif. City Can Void Union Contracts

http://www.law.com/jsp/article.jsp?id=1202429132330

[DailyBail]

Samantha Bee Explains Short Selling

http://www.huffingtonpost.com/2009/03/17/samantha-bee-explains-sho_n_175624.html

[DailyBail]

March 18 (Bloomberg) -- A $1.3 billion package of securities backed by Nissan Motor Co. auto loans became the first small piece of what Federal Reserve officials say may grow into a $1 trillion effort to unfreeze business and consumer lending.

Nissan’s planned bond sale marks the debut of the Fed’s Term Asset-Backed Securities Loan Facility, or TALF. The securities will likely price on March 19, the deadline for investors to apply to the Fed for loans to buy the debt, according to a person familiar with the sale who declined to be identified because terms aren’t set.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aKysuRxEzKMY&refer=home

[Ain't Bullshittin']

Liddy has been reading this site. He mentioned outrage and said statements were potentially a safety matter for execs who received bonuses. Thus, he refused full disclosure. I am still laughing.......How lame.