Tag: Bailout

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The AIG bailout debacle: Careful not to let the pitchfork wielding crowds out

March 21, 2009

It was quite amusing, watch The Colbert Report dated March 16th where Colbert encouraged his audience to join him in creating a huge, angry, pitchfork wielding crowd and go march on AIG (watch the clip here). And while most of us do feel that anger at what happened, we are far too civilized to actually… Read More The AIG bailout debacle: Careful not to let the pitchfork wielding crowds out

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A new era of activism? From IHT: U.S. outcry forces chief of A.I.G. to give ground

March 19, 2009

By David Stout, published on March 18th 2009 WASHINGTON: As the lucrative bonuses paid to employees of the American International Group fueled fresh outrage at the White House and on Capitol Hill on Wednesday, the embattled chief executive of A.I.G. said that he had asked some recipients to give at least half the money back. The… Read More A new era of activism? From IHT: U.S. outcry forces chief of A.I.G. to give ground